Episode Details

This week's business updates highlights the early policy shifts of Prime Minister Andy Burnham, who is prioritising cost-of-living relief through energy tax cuts and business rate discounts.

Significant regulatory changes, including the launch of the PISCES trading platform for private shares and new Advance Tax Certainty services for major investors. Despite these advancements, HMRC's poor performance ratings, specifically regarding the unpopular Making Tax Digital rollout and its impact on small businesses.

The Insolvency Service reports an increase in enforcement against COVID-19 fraud and "phoenixism," while new settlement terms offer a resolution for those facing disguised remuneration loan charges.

Finally, a crucial compliance reminder for sole traders regarding upcoming tax deadlines and payment obligations.

Simply Accounts & Tax

E: office@simplyaccountsantax.co.uk
W: www.simplyaccountsandtax.com

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