Business and Tax News - By Daniel Flynn

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March 28th 2024
Tax Week 52
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NEWS By Daniel Flynn - Contact: [email protected]

HMRC Using Digital Prompts To Reduce Mistakes

TAX RETURN

HMRC Using Digital Prompts To Reduce Mistakes

Taxman using past income data and earnings data from external sources to make sure submissions are correct.
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Bank of England Holds Interest Rates at 5.25 Percent

PERSONAL TAX

Bank of England Holds Interest Rates at 5.25 Percent

After 14 interest rate increases in a row since early 2022, the Central Bank has opted to hold fire at today's meeting.
Bank of England Raises Interest Rates Again To 5.25 Percent

PERSONAL TAX

Bank of England Raises Interest Rates Again To 5.25 Percent

14th increase in a row by the Bank of England. Not as sharp a rise as previous increase but inflation still sits at near 8 percent - 4x the target.

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