Business news
Bank of England steps in to protect the economy
The Bank will purchase Government bonds in an effort to stabilise markets.Medium-term financial plan scheduled for November
The OBR will set out a full forecast alongside the plan.Government reveals energy support package
Price cap introduced for businesses from 1 October 2022.Chancellor announces higher earner tax breaks
Both the additional tax rate and dividends tax rates are being slashed.Bank of England raises interest rates to 2.25%
The Bank says it won’t hesitate to raise interest further.Total tax take soars to £310.9bn
Income tax and inheritance tax see the most significant increases.Chancellor announces biggest tax cut in 50 years
Income tax, National Insurance and corporation tax rates are being slashed.HMRC delays PAYE direct debit service
The service will now launch in October.Energy bill relief for businesses announced
Wholesale energy prices cut to protect businesses.Chancellor expected to announce low-tax investment zones
Low taxes to be introduced in up to twelve areas.
Cloud accounting expertise
Get in touch today
Speak to one of the team to find out more about our approach