Monthly Archive July 13, 2022

New guidelines could help thousands of Britons cut their debt

Companies have been told by the Government’s Insolvency Service to consider the impact of rising prices and its effect on household incomes – meaning debts could be written off or repayments halved.

Read More

Are you prepared for changes to the income tax basis?

Unincorporated businesses, including sole traders, the self-employed and trading partnerships, will be taxed on profits generated in the 12 months to 5 April each year from 2024/25.

Read More

Trade agreement between UK and India close to completion

It has been announced by India’s commerce minister, Piyush Goyal, that India’s long-anticipated trade agreement with the UK is set to reach completion by October.

Read More

Government must act to improve inbound tourism, Select Committee says

As the UK tourism sector recovers from the pandemic, a Government minister has been told more must be done to encourage international visitors.

Read More

Businesses must work harder to win the trust of the public

A new survey has shown the UK public’s attitude towards business has improved, but work still needs to be done.

Read More

Have you claimed the working from home tax relief?

The eligibility criteria for the Government’s work from home tax relief was relaxed during the pandemic, as restrictions prevented many people from physically going to work.

Read More

Have you renewed your tax credits?

According to HMRC, 323,700 customers are yet to renew their tax credits, with just one month left to do so.

Read More