Newsletter - May 2023

May 22, 2023

Armstrongs newsletter

Armstrongs produce a regular newsletter for clients and contacts.

In this issue, we are delighted to tell you about our Corporate Games involvement, include details…

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£177.6 million lost to impersonation scams in 2022

May 09, 2023

£177.6 million was lost to impersonation scams in 2022, data published by trade association UK Finance has revealed.

The data showed that there were 45,367 cases of impersonation scams in 2022.…

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Online VAT filing portal to close in May

May 09, 2023

HMRC has reminded businesses that file VAT returns annually that the online VAT filing portal will close from 15 May 2023.

The VAT portal closed to standard quarterly filers on 7 November 2022,…

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No sign of hiring difficulties easing, says BCC

May 05, 2023

Businesses are still facing major difficulties in hiring new staff, according to a survey conducted by the British Chambers of Commerce (BCC).

The latest Quarterly Recruitment Outlook (QRO),…

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PAC criticises government for billions lost to error and fraud

May 03, 2023

The Public Accounts Committee (PAC) has criticised the government for losing billions of taxpayers' money to fraud and error in pandemic support.

The Department for Business and Trade (DBT)…

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Tax threshold freeze trebles to £25 billion

May 02, 2023

Research carried out by think tank the Resolution Foundation has suggested that the size of the UK's six-year 'stealth tax' threshold freeze has nearly trebled to £25 billion.

The figure is…

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Latest guidance for employers

Apr 27, 2023

HMRC has published the latest issue of the Employer Bulletin. The April issue has information on various topics, including:

  • reporting expenses and benefits for the tax year ending 5 April…

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May Bank Holiday Opening Hours

Apr 26, 2023

Armstrongs will be closed on the following Bank Holidays in May:

  • Monday 1st May - Early May Bank Holiday
  • Monday 8th May - Bank Holiday for the coronation of King Charles III
  • Monday…

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UK inflation falls to 10.1% in March

Apr 24, 2023

UK inflation has dropped, but remains in double-digit levels, as the cost-of-living crisis eased slightly in March.

The annual consumer prices index dropped to 10.1% in March, down from 10.4%…

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