Business news
Over 3,000 tax returns filed on Christmas Day
Over 22,000 self-assessments were submitted between 24 and 26 December.HMRC raises tax debt interest rates
The 0.5% increase will come into effect on 6 January.Charity Commission expands annual return question set
The 2023 annual return has been updated in response to sector feedback.Total tax take falls in November
Tax receipts were down by £5.3 billion compared to October 2022.Spring Budget set for 15 March 2023
The budget will be accompanied by a forecast from the OBR.Help to grow digital scheme axed
The scheme is set to end just over a year after its launch.MTD for ITSA delayed for two years
The decision follows weeks of urgent calls from industry leaders.Treasury delays MTD for ITSA until 2026
The delay will give businesses more time to adapt.Help to grow digital scheme scrapped
Businesses have less than two months to apply for the programme.Bank of England raises base interest rate to 3.5%
MPC votes 6-3 to increase the rate by 0.5%.
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