Business news
HMRC reveals new AER calculation method
Quarterly reviews will use ONS data to calculate advisory electric rates.
Small business tax debt is growing
Non-payment has increased since the Covid-19 pandemic.
Wait time for HMRC helpline hits 27 minutes
HMRC says that home workers are not affecting call centre performance.
Tax take hits £553 billion due to threshold freezes
Revenue is up by £48bn on the same period last year.
Top 20% of earners pay majority of all income tax
Over half of UK taxpayers receive more in benefits than they pay in tax.
Half of sole traders yet to file self-assessment return
Self-assessment taxpayers only have 11 days to file their returns.
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