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17 Sep

OTS says changing date of tax year end would be beneficial

Adopting a tax year which is either aligned with the calendar year or with a calendar month-end would have clear benefits, according to a review from the Office of Tax Simplification (OTS).

16 Sep

FSB survey suggests unemployment to rise by 50,000 as result of NICs rise

A survey carried out by the Federation of Small Businesses (FSB) has suggested that the UK unemployment rate could rise by 50,000 as a result of the increase in national insurance contributions (NICs) for employers, sole traders and employees.

15 Sep

Inflation sees sharpest increase on record

Inflation rose to 3.2% last month from 2% in July ? its largest ever recorded increase, according to the Office for National Statistics (ONS).