News
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.
NIC top-up window to reduce from April
The ICAEW is urging taxpayers to check their National Insurance records.ICAEW calls for taskforce to tackle HMRC backlog
"Unacceptable delays" are stifling the UK's economic growth.HMRC pauses MTD for ITSA pilot
The decision will allow the tax authority to refresh its testing strategy.PM restructures departments to boost the economy
New departments will focus on supporting growth and achieving net zero.HMRC raises interest rates on tax debt
The new penalties will apply from 21 February.Company insolvencies surge in 2022
Insolvency figures hit 2,190 – their highest level since 2009.Bank of England raises interest rates to 4%
The latest increase is the highest base rate in 14 years.Directors’ economic confidence rises
Business leader confidence hits its highest level since March 2022.Millions of taxpayers leave returns until the last minute
2.7 million self-assessment customers were yet to file just hours before the deadline.HMRC publishes updated VAT penalty regime
The updated penalty system came into effect on 3 January.
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