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 MOREUK budget deficit hits five-year high, before election give-aways
Britain ran a much bigger budget deficit last month than expected, showing how public borrowing is already on the rise even before politicians implement any of the costly spending pledges they have made in the run-up to a Dec. 12 election.
Borrowing in October alone rose by a quarter compared with a year earlier to 11.2 billion pounds, the Office for National Statistics said, the highest for any October since 2014 and above all economists’ forecasts in a Reuters poll.
Read more at Reuters.
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UK R&D spend hits £25bn annually
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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