- May 16
Bank of England approves 12th consecutive interest rate hike
The Bank of England has given the green light for another increase in interest rates, marking the 12th consecutive rise. The Bank of...
- May 7
HMRC Expands Automated SMS Service for Routine Queries
The UK’s tax department, HMRC, has announced the expansion of its automated SMS messaging scheme to cover routine queries. Following a...
- Apr 23
DWP Payment Rates to Increase
UK benefit recipients are set to receive a 10.1% increase in payments from the Department for Work and Pensions (DWP) and HM Revenue and...
- Apr 13
What does GDP stand for and what are the methods used to measure it?
Gross Domestic Product (GDP) is an attempt to measure all the activities of individuals, companies, and governments in a country. In the...
- Apr 3
New Simplified VAT Guidance for Foreign Sellers Shipping Goods to the UK Released by HMRC
HMRC has released new simplified VAT guidance for overseas sellers in a bid to support Chinese retailers who sell goods online in the UK....
- Mar 24
Interest rates rise again after surprise inflation jump
The Bank of England has raised UK interest rates for the 11th time in 18 months, due to an unexpected increase in inflation caused by the...
- Mar 6
Streamline Your Finances with Top-Quality Accounting Services in the UK
Looking for reliable accounting services in the UK? Look no further than Albatross Accounting. We offer a range of expert solutions to...
- Feb 26
Royal Assent of the Stamp Duty Land Tax (Temporary Relief) Act
Royal Assent was granted on 8 February 2023. The legislation increases the nil-rate thresholds for residential stamp duty land tax (SDLT)...
- Feb 13
Annual allowances — use them or lose them
With the end of the tax year (April 5, 2023) fast approaching, it’s worth thinking about how you can maximise some of the many available...
- Jan 23
HMRC trials answer by text system to cut call queues
Routine calls to HM Revenue and Customs will be answered by text, rather than by a human, in a trial aimed at improving its customer...