Insurer warns of rise in fraudulent claims amid cost-of-living crisis

Aug 04, 2022

Insurer Zurich UK has stated that there has been a significant increase in the number of fraudulent claims as a result of the cost-of-living crisis.

Zurich found that between 1 January and 31…

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Pandemic-born businesses could add £20.4 billion to UK economy

Aug 04, 2022

More than £20 billion could be added to the UK economy in the future from the number of additional businesses created during the pandemic, according to research carried out by the Confederation of British…

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New Trust Registration Rules

Jul 20, 2022

Are you acting as a Trustee / have friends and family that are connected to a Trust? 

If so, please take a moment to read this article, as it contains important information about HMRC’s Trust…

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Expansion for Armstrongs

Jul 05, 2022

We have some exciting news to share! Dowsett Moore, a long-standing practice with offices in Nuneaton and Hinckley, has come together with Armstrongs. 

Dowsett…

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MTD for income tax pilot extended

Jul 05, 2022

HMRC is extending the pilot for Making Tax Digital for Income Tax Self Assessment (MTD ITSA) to more self-employed workers and landlords.

From July, those taking part will be able to test MTD…

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HMRC criticised over IR35 implementation

Jul 05, 2022

HMRC needs to demonstrate that off-payroll working rules, commonly known as IR35, can operate effectively and fairly in the real world, according to a report by the Public Accounts Committee (PAC).

The…

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NICs increase has immediate impact on businesses

Jul 05, 2022

Four out of five employers stated that they were immediately impacted by the increase in national insurance contributions (NICs), according to research by the British Chambers of Commerce (BCC).

The…

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Bank of England raises UK interest rates to 13-year high

Jul 05, 2022

The Bank of England (BoE) has raised UK interest rates to a 13-year high of 1.25% and is now predicting inflation will hit 11% this autumn, when energy bills are set to rise again.

Six out of…

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Inflation hits 40-year high

Jul 05, 2022

UK inflation rose to 9.1% in May from 9% in April as the cost-of-living crisis continues, according to data from the Office of National Statistics (ONS).

It was a slight increase on the 9% figure…

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