Business News

All the latest business news from Hodge Bakshi Chartered Accountants & Chartered Tax Advisers.

18 Mar 2024

New HMRC R&D tax relief guidance 'could be clearer', says ICAEW

The Institute of Chartered Accountants in England and Wales (ICAEW) has stated that new guidance from HMRC on research and development (R&D) tax relief guidance 'could be clearer'.

15 Mar 2024

HMRC urges working families to save on childcare costs

HMRC is urging working parents to make use of its Tax-Free Childcare (TFC) scheme to help save on Easter childcare costs.

14 Mar 2024

New measures aim to 'break the spell' of fraudsters

New measures aim to 'break the spell' of financial fraudsters by giving payment providers more time, according to draft legislation published by the government.

13 Mar 2024

UK economy returns to growth

The UK's economy returned to growth in January, according to the latest data from the Office for National Statistics (ONS).

12 Mar 2024

Budget introduces increase in Landfill Tax rates

The Chancellor's recent Spring Budget introduced a 21% rise in Landfill Tax rates, with the standard rate set to increase to £126.15 in 2025/26.

11 Mar 2024

UK workers 'face 20 years of pay stagnation', Foundation warns

The Resolution Foundation has warned that the UK is facing almost 20 years of lost pay growth.

08 Mar 2024

Think tank warns Budget tax cuts will not compensate for price rises

The Institute for Fiscal Studies (IFS) has warned that the tax cuts announced in the 2024 Spring Budget will not compensate for tax rises and price increases.

07 Mar 2024

View our 2024 Spring Budget Report

Chancellor Jeremy Hunt delivered his 2024 Spring Budget speech yesterday, outlining a range of financial measures.

07 Mar 2024

Chancellor introduces new ISA in Spring Budget

Chancellor Jeremy Hunt used the 2024 Spring Budget to introduce a new 'UK ISA', which will allow an additional £5,000 annual investment in UK equities to be made tax-free.

06 Mar 2024

Jeremy Hunt cuts NICs again in the Spring Budget

The Chancellor made further changes to NICs following the cuts made in the Autumn Statement 2023. The rates for NICs will be cut by two percentage points for both employees and the self-employed from 6 April 2024.

06 Mar 2024

2024 Spring Budget - the business reaction

Business groups have reacted to Chancellor Jeremy Hunt's Spring Budget speech.

06 Mar 2024

2024 Spring Budget - the political reaction

Addressing the House of Commons, Chancellor Jeremy Hunt used the 2024 Spring Budget to announce a 'Budget for long-term growth'.

06 Mar 2024

2024 Spring Budget - the economic picture

Within his Spring Budget speech, Chancellor Jeremy Hunt announced that the UK economy is set to grow 'slightly faster than expected'.

06 Mar 2024

2024 Spring Budget - what to expect

Chancellor Jeremy Hunt will present the 2024 Spring Budget today. We will keep you up to date on the key Spring Budget announcements and supply a summary, which will appear on our website.

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Hodge Bakshi Chartered Accountants & Chartered Tax Advisers / Hodge Bakshi are trading names of Hodge Bakshi Limited. Registered to carry on audit work in the UK and regulated for a range of investment business by the Institute of Chartered Accountants in England and Wales. Registered with The Chartered Institute of Taxation as a firm of Chartered Tax Advisers.

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