May 16, 2023 | Government Announcements
Total retail sales grew steadily by 5.1% in April, according to a new report from the British Retail Consortium (BRC). The rise matches the average growth rate in the three months to April and is a significant improvement on last year's total retail sales, which fell...
May 10, 2023 | Government Announcements
Strike action is expected to impact HMRC helplines this week as customer service employees walk out over pay disputes. More than 400 staff members will go on strike for a total of 18 days, from 10 May (today) until 2 June. The strikers work as part of HMRC's personal...
May 5, 2023 | Government Announcements
The Government has launched a consultation to modify the tax treatment of cryptoassets used in decentralised finance (DeFi) lending and staking transactions. The law currently treats many of these transactions as disposals for tax purposes. This usually triggers a...
May 4, 2023 | Government Announcements
The VAT exemption for pharmacists is extending to medical services carried out by supervised, non-registered staff from 1 May. Prior to the measure, the exemption only applied to medical services carried out by registered health professionals. The new zero-rating...
Apr 28, 2023 | Government Announcements
The Department for Business and Trade is writing off nearly £1 billion (£985 million) in fraudulent Covid-19 support grants, say MPs. In a new report, the Public Accounts Committee (PAC) criticised the department for failing to recover these grants, which councils...