Insights|17th Nov 2022

The Autumn Statement 2022

On 17 November 2022 the Chancellor of the Exchequer, Jeremy Hunt, delivered his Autumn Statement, the third ‘fiscal event’ in recent months.

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Insights|14th Nov 2022


In response to customer feedback, HMRC have now added a function so employers’ can pay their PAYE liabilities by direct debit.

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Insights|31st Oct 2022

Further increases to HMRC interest rates

HMRC’s rate of late payment interest for most taxes increased to 4.75% and the repayment interest rate increased to 1.25%, from 11 October 2022. These will increase further to 5.50% and 2.00%, from 22 November 2022.

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Insights|10th Oct 2022

Widening of the threshold for SME status

The Government has announced that businesses with up to 500 employees can now qualify for SME status.

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Insights|23rd Sep 2022

The Growth Plan 2022 “mini-Budget”

On 23 September 2022, the Chancellor of the Exchequer delivered his Growth Plan (“mini-Budget”), headlined by a number of significant tax cuts.

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