BWM

MPs call for urgent improvements to HMRC’s performance

MPs are demanding urgent improvements to HMRC’s “unacceptable service standards” after a parliamentary report discovered an “eye-watering” £42 billion is owed to HMRC from unpaid tax The report also highlighted a dramatic drop in HMRC staffing levels, with 6,000 employees being cut over the past five years Dame Meg Hillier, chair of the committee, said: … The Charity Commission has launched a consultation on its approach to and new proposed questions for the Annual Return for financial years starting on or after 1 January 2023 They want to obtain data to allow them to regulate charities more effectively and allow flexibility to include or omit questions in the Return each year …

National Insurance increase reversed

The Government’s reversal of the National Insurance contribution (NICs) increase is now in effect as of 6 November The majority of working people will begin receiving the 1 25% tax cut in their payslips from November onwards The rise in NICs was introduced in April as part of the health and social care levy but was …

Bank of England predicts the UK to enter recession this year

The Bank of England (BoE) has predicted that the UK will enter a recession before the end of the year The prediction, backed up by the British Chambers of Commerce (BCC), follows consecutive rises in interest rates, with inflation reaching a 40-year high of 10 1% in July Although the BoE expects the economy to contract … Merry Christmas The BWM office will be closed over the Christmas period from close of business on Friday 23 December 2022 at 12pm until 9am on Tuesday 3 January 2023

Christmas Opening Hours   The BWM office will be closed over the Christmas period from close of business on Friday 24 December 2021 at 12pm until 9am on Tuesday 4 January 2022

We’re moving! Check out our new location below: https://www bwm co uk/new-office/ MPS ARE DEMANDING URGENT IMPROVEMENTS TO HMRC’S “UNACCEPTABLE SERVICE STANDARDS” AFTER A PARLIAMENTARY REPORT DISCOVERED AN “EYE-WATERING” £42 BILLION IS

HMRC IS INVITING PEOPLE TO COMMENT ON DRAFT GUIDANCE RELATING TO THE UPCOMING R&D TAX CREDIT RELIEF REFORMS THE REFORMS, EXPECTED

SOARING INFLATION REMAINED A KEY CONCERN FOR BUSINESSES AT THE END OF 2022, ACCORDING TO THE LATEST QUARTERLY ECONOMIC SURVEY

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