Premier League club revenues grew by 8% to £4.9bn, up from £4.5bn in 2020/21, and are expected to continue growing this season The Premier League was the only one of the ‘big five’ European leagues to see clubs improve total operating profits in the year, which...
Read MoreLeading tax experts have set up a joint cryptoassets working group to focus on the tax complexities of dealing with crypto currency and tax compliance for accountancy firms The Chartered Institute of Taxation (CIOT) and Association of Taxation Technicians (ATT) has set up a joint crypto...
Read MoreHomeowners who rented out properties during the Commonwealth Games need to make sure they are registered for self assessment to pay tax liability, warns HMRC Those who rented out properties during the Games as a short-term let may need to tell HMRC about any income they...
Read MoreBDO’s recent survey showed that school leaver apprenticeships are still overlooked by more than half of young people, compared to a university degree The survey of more than 1000 people across England found that more than half (51%) of people aged between 18-24 still believe that...
Read MoreFollowing the latest increase in the Bank of England base rate to 1.75%, HMRC will raise interest rates on late tax bills by 0.5% This means that the late payment interest rate will increase to 4.25% from 23 August 2022. The rate last increased to 3.75%...
Read MoreThe latest HMRC performance report showed an improvement in service levels as more calls were picked up within 10 minutes but many callers could not get through to an adviser HMRC received 2.9m calls in June and more than 2.2m people wanted to speak to an...
Read MoreOver the last quarter Croner-i has seen the number of insurance claims increase by 60% as HMRC ramps up enquiry activity into potential tax avoidance HMRC enquiry levels were always going to return to ‘normal’ levels, if not more, given the pressures on the Treasury coffers,...
Read MoreIn the first half a per cent increase in interest rates for over 20 years, the Bank of England has raised the base rate to 1.75% This is the fifth rise since last December and the Bank argues that it is needed to tackle soaring inflation,...
Read MoreImproving the quality of data on the company register, a crackdown on overseas property owners and investment in IT systems are the priorities for Companies House in the next 12 months Companies House plans to invest £23m in modernising IT provision, according to the corporate plan...
Read MoreThe government has set out details of how the £400 energy bill subsidies will be paid to customers and is trying to get them classified as discounts This is part of the £11bn energy support package announced in the spring when energy prices started to escalate...
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