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 MOREOnline spending helps UK retail sales grow unexpectedly in July
British retail sales unexpectedly edged up in July, helped by the strongest growth in online spending in three years, as consumers continued to support the economy before the Oct. 31 Brexit deadline.
Monthly retail sales volumes rose 0.2% after a 0.9% surge in June, the Office for National Statistics said on Thursday, beating the average forecast for a 0.2% decline from a Reuters poll of economists.
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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