Monthly News

HMRC reopens self-assessment helpline HMRC has reopened the self-assessment tax helpline from 4 September after it was closed for three months over…

Geopolitics prompt importers to alter supply chains One in five British importers have altered their supply chains because of geopolitical tensions, particularly…

R&D tax relief crackdown ‘deterring genuine claims’ The Chartered Institute of Taxation (CIOT) is warning that HMRC's efforts to tackle abuse of…

Tax return helpline to close for three months The self-assessment telephone helpline has been closed by HMRC for the entirety of summer.…

Government launches cryptoassets consultation The Government has launched a consultation to modify the tax treatment of cryptoassets used in decentralised finance (DeFi)…

HMRC releases guidance on LTA abolition HMRC has released guidance clarifying how it will phase in the abolition of the lifetime allowance…

Finance sector increases female representation The finance sector is making strides in female representation, according to a new report from the Women…

Bank of England raises interest rate to 4% The Bank of England (BoE) has raised its interest rate by 0.5% to 4%…

Chancellor reveals new energy discount for businesses The Government has announced a new energy bills discount scheme (EBDS) for UK businesses, set…

Treasury delays MTD for ITSA until 2026 The Treasury has confirmed that Making Tax Digital for income tax self-assessment (MTD for ITSA)…