HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MORECost of living: 59% adjusting spending and savings
The number of households that have adjusted their spending and resources to cover essential expenses in April 2023 increased 69% compared to April 2021.
The Guardian reports on Which? research findings that found three in five households adjusted their spending while the housing payments of 700,000 lagged, including one in 20 tenants.
"Overall, an estimated 2 million households missed or defaulted on at least one mortgage, rent, loan, credit card or bill payment in April," The Guardian reported.
And while bills including energy and council taxes are the most commonly missed, household cashflow adjustments include "cutting back on essentials, dipping into savings, selling possessions or borrowing".
Previous
HMRC releases 11 ‘tax administration and maintenance day’ consultations
Next
Increasing the pension age: A job for Stride's successor
A beginner’s guide to the taxes you’ll hear about this election...
National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many...
READ MORE
With bitcoin hitting new highs, it’ll likely reach the US$100,000...
Cryptocurrencies are surging again. Bitcoin has just hit an all-time high of more than US$72,000 (£56,300), pushing...
READ MORE