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News articles, blogs and resources from Prime Accountants
Please see below for a range of useful blog posts, resources and latest news stories which may be of interest to you.
This afternoon (14th October) the Prime Minister, Liz Truss announced her 2nd U-turn since the Mini Budget and confirmed corporation tax will now rise to 25% from 19% from April 2023.
By Prime AccountantsPublished On: 14/10/2022Action Fraud has warned that criminals are using the ongoing cost-of-living crisis to target the public with energy rebate scams.
By Steve HarcourtPublished On: 10/10/2022HMRC will raise interest rates on tax debt from 11 October following the 0.
By Prime AccountantsPublished On: 10/10/2022Eight in ten small businesses are finding it difficult to recruit staff, according to a report published by the Federation of Small Businesses (FSB).
By Paul GuisePublished On: 10/10/2022HMRC is reminding businesses that they will no longer be able to use their existing Value Added Tax (VAT) online account to submit VAT returns from 1 November.
By Jeremy KitsonPublished On: 10/10/2022Wholesale energy prices for businesses will be capped at 'less than half' of the anticipated winter levels under the government's support package.
By Prime AccountantsPublished On: 10/10/2022The International Monetary Fund (IMF) warned the UK government against large and untargeted fiscal packages' following the Mini Budget.
By Jamie SkeldingPublished On: 10/10/2022Chancellor Kwasi Kwarteng used the 2022 Mini Budget to announce a series of tax cuts for businesses and individuals.
By Kevin JohnsPublished On: 10/10/2022The government has abandoned its plan to abolish the 45% top rate of income tax due to the negative reaction it has received.
By Prime AccountantsPublished On: 10/10/2022New data from HMRC show the Treasury's inheritance tax (IHT) receipts have doubled since 2012/13.
By Glen CallowPublished On: 27/09/2022Workers are debating skipping their regular pension payments to help pay for rising energy bills in 2022 - but this could mean they lose £77,000 by the time they reach retirement.
By Glen CallowPublished On: 27/09/2022The pandemic taught us many things, but some of them are already slipping away.
By Glen CallowPublished On: 27/09/2022The mammoth economic challenges facing Liz Truss as she takes over as Prime Minister were laid bare earlier this week.
By Glen CallowPublished On: 13/09/2022Banking trade body UK Finance has revealed that the rapid decline in the use of cash as a form of payment has eased.
By Steve HarcourtPublished On: 12/09/2022The Trades Union Congress (TUC) has called on the government to increase the National Minimum Wage (NMW) rates 'immediately' in order to guarantee decent living standards for families.
By Jamie SkeldingPublished On: 12/09/2022Trade body Offshore Energies UK (OEUK) has stated that the Energy Profits Levy, also known as the windfall tax', on UK energy firms should be scrapped by 2025 or it could risk having a detrimental impact' on investment in the sector.
By Prime AccountantsPublished On: 12/09/2022Economic analysts have warned that the rate of inflation could keep rising in 2023 as a result of rising energy prices.
By Morgan DaviesPublished On: 12/09/2022The Treasury Committee has urged the government to provide assurance that it is not flying blind' into a potential Emergency Budget this September.
By Prime AccountantsPublished On: 12/09/2022New company car advisory fuel rates have been published and took effect from 1 September 2022.
By Jamie SkeldingPublished On: 12/09/2022Average household energy bills will rise to £3,549 in October following the decision of energy regulator Ofgem to raise the price cap.
By Kevin JohnsPublished On: 09/09/2022HMRC has published more details on how Making Tax Digital for Income Tax (MTD for IT) will work for buy-to-let landlords and sole traders with qualifying income over £10,000.
By Jeremy KitsonPublished On: 09/09/2022From early October, you can pay Employers PAYE by Direct debit.
By Kerrie GivenPublished On: 07/09/2022We recently conducted a survey of 500 over-50s in the Midlands which has revealed some interesting statistics on the financial state and spending of this demographic today.
By Kevin JohnsPublished On: 23/08/2022
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