Here are some key financial accounting dates you need to be aware of in 2024 within this Simply Business article. Click HERE for 2024 key financial dates

A tax break which allows businesses to deduct the full cost of investing in machinery and equipment from their tax bill has been made permanent... Read more here...

The Government has introduced a new bill to modernise business rates across the country. Following feedback from businesses calling for a fairer system, the new Non-Domestic Rating Bill, announced on 29 March, will support businesses by incentivising property...

Jeremy Hunt’s ambitions to bolster UK growth and productivity will falter if he fails to extend key tax breaks aimed at boosting investment, industry has warned ahead of this month’s Autumn Statement. Read more......

Persistent price growth adds to pressure on Bank of England to hold interest rates at elevated levels for extended period. Click here to read more from the FT's article...

The UK economy has made a faster recovery from the Covid pandemic than previously estimated, according to revisions to official figures revealing a stronger performance than Germany and France. Click here to read more here from The Guardian's article... UK makes...

A new report from the Public Accounts Committee (PAC) warns that the "temporary" digital services tax (DST) could stay in place longer than planned. The DST raised £358 million in its first year - 30% more than expected. However, the Treasury acknowledges that it is a...

HMRC has released guidance clarifying how it will phase in the abolition of the lifetime allowance (LTA) for pensions. As announced by Chancellor Jeremy Hunt in his Spring Budget 2023, the current £1,073,100 threshold on the LTA ended on 5 April. However, because the...