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In these unprecedented times, new financial information to kickstart our economy is being reviewed by the Government and consistently updated. At Tax-Link, we believe information is a key element of success and we can help by keeping you up to date. If you have any queries, please do not hesitate to contact us, and together, we can make it through these challenging times.
Black Friday sees upturn in retail sales
Spending data shows a 33% increase in retail footfall.Inheritance tax receipts rise by £4.1bn
The increase comes just months before the threshold freeze.One in four small firms fear closure
Small firms’ survival depends on Government support.Companies urged to file accounts online
Accounts must be submitted by 31 December.Manufacturing sector facing a tough winter
Despite a rise in output volumes, production is expected to decline.Five-year mortgage rates fall below 6%
New data indicates mortgage rates are returning to normal.Tax take soars to £432.8bn
Total tax take for 2021/22 so far is £41.5bn higher than last year.OBR report confirms UK in recession
Economic recovery expected in late 2024.Chancellor sets out tax freezes and spending cuts
Government plans aim to promote fiscal stabilityHMRC to change salary advance reporting requirements
The legislation aims to reduce administrative burdens.
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