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 MORE
Britain’s government will delay until after March’s budget a consultation to decide when it should fix a flawed measure of inflation, the retail price index, finance minister Sajid Javid said.
More than a quarter of British government bonds, worth around 450 billion pounds ($584 billion), are linked to the Retail Prices Index (RPI) which runs higher than other measures of inflation, meaning investors receive an estimated windfall of 1 billion pounds a year.
Read more at Reuters.