- Aug 3
Making Tax Digital UK
What is Making Tax Digital? Making Tax Digital (MTD) is a government initiative to improve tax administration. MTD is HMRC’s plan to...
- Aug 1
What is the UK inflation rate and why is the cost of living rising?
Prices are rising faster than they have done for 40 years. What is inflation? Inflation is the increase in the price of something over...
- Jul 25
HMRC shares the quickest way to renew Tax Credits to avoid payments being stopped this month
More than 33,600 customers have successfully used the HMRC app to renew their tax credits claim so far this year, a 39% increase on last...
- Jul 11
Old notes will soon be taken out of circulation by the Bank of England
The last day to spend old £20 and £50 paper notes is fast approaching before they are replaced by the new polymer versions. According to...
- Jul 11
The national insurance threshold will increase on 6 July, 2022
National insurance bills, which were pushed up by higher rates in April, are set to go down again on 6 July when the repayment threshold...
- Jun 29, 2020
Latest Updates in Accountant World for June 2020
We live in unique time. New rules of the world affects every side of our life and the biggest impact is closely connected to the...