HMRC’s new powers to tackle electronic sales suppression
The HMRC has issued advice about the new powers and penalties under the Finance Act 2022 to tackle electronic sales...
READ MOREBoE's Saunders says UK rates may need to rise before markets expect
The Bank of England will probably need to raise interest rates sooner than financial markets expect, policymaker Michael Saunders said on Monday, adding his voice to an unexpectedly hawkish message from the central bank’s chief economist on Saturday.
Saunders, the first of the current Monetary Policy Committee members to vote for a rate rise in 2018, said the central bank would not necessarily wait until all Brexit uncertainties were resolved before raising interest rates again.
Read more at Reuters.
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NICs increase has immediate impact on business
Research of more than 1,100 UK employers by the British Chambers of Commerce has uncovered a series of negative...
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Digital platform reporting rules to start January 2024
New reporting rules for digital platforms will be implemented from 1 January 2024, said the HMRC.
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