MTD expected to cost £1 billion more than originally forecast

Jul 10, 2023

A report published by the National Audit Office (NAO) has found that HMRC's Making Tax Digital (MTD) initiative is expected to cost around £1 billion more than its initial £226 million budget, which…

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More than 200 companies named and shamed for minimum wage breaches

Jul 06, 2023

Over 200 employers have been named by the government for failing to pay their lowest paid employees the minimum wage.

The 202 employers were found to have failed to pay their workers almost…

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HMRC extends deadline for voluntary NICs

Jul 05, 2023

HMRC has extended the voluntary national insurance contributions (NICs) deadline until 2025.

Extending the voluntary NICs deadline until 2025 will give people more time to consider whether paying…

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UK inflation stays at 8.7%

Jul 04, 2023

The UK's rate of inflation plateaued at 8.7% in May, data published by the Office for National Statistics (ONS) has shown.

Inflation was expected to fall in May but remained at 8.7% - the same…

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Expansion for Armstrongs

Jul 03, 2023

We have some exciting news to share! Weavers Accountants, a long-standing Coventry practice, has come together with Armstrongs. 

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Industrial strategy required to 'focus on innovation', says IoD

Jun 30, 2023

The Institute of Directors (IoD) has urged the government to create an industrial strategy to help 'define specific long-term priorities for the UK economy'.

A survey carried out by…

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Post-Brexit trade plan must be replaced, says think tank

Jun 27, 2023

The Resolution Foundation think tank has called for the government to replace the initial post-Brexit trade plan with a 'far more ambitious' strategy to help protect Britain's manufacturing…

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Bank of England raises UK base interest rate

Jun 27, 2023

The Bank of England has raised UK interest rates to a 15-year high of 5% as it continues its battle against inflation.

Despite concerns that mortgage-holders face a timebomb of higher rates,…

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Armstrongs is a Xero Platinum Partner

Jun 21, 2023

We are pleased to share that Armstrongs is a Xero Platinum Partner.

There are many reasons to use Xero for your accounting software:

- Manage your cashflow - Xero's dashboard puts…

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