Business news
HMRC raises interest on tax debt
Late payment interest rising in line with Bank of England base rate.
National Insurance reversal comes into effect
Most working people will receive the 1.25% tax cut from November.
Base interest rate rises to 3%
The Bank of England introduces its largest hike in 33 years.
HMRC reminds taxpayers to declare SEISS payments
More than 2.9 million people claimed SEISS payments in the 2021/22 tax year.
Third of hospitality businesses at risk of going bust
Soaring energy and food prices are putting a strain on the sector.
One in ten companies still file their accounts on paper
Record numbers of late penalties charged despite high compliance levels.
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