Drinkers face paying more for their glass of Chardonnay when a freeze on alcohol duty is lifted at the start of next month. From August 1, every pint in every pub and restaurant will be subject to less tax, but at the same time the current hold on alcohol duty comes to an end. Drink…
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Rip-off fuel retailers to be monitored as Government responds to overcharging
Motorists are being put in the driving seat to find the best fuel prices after a watchdog found many were being overcharged at the pumps. A new fuel price reporting scheme will allow consumers to compare prices in real time in any area of the UK, as the Government changes the law, forcing retailers to…
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Fears over business insolvency drop considerably\’
As the outlook for the UK economy remains uncertain, UK business fears over potential insolvency appear to be easing. While government data shows insolvencies are at a four-year high, research suggests that these figures are reaching their peak. Wealth management and professional services group Evelyn Partners found that just under one in three businesses (32…
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Tax Diary July/August 2023
1 July 2023 - Due date for corporation tax due for the year ended 30 September 2022. 6 July 2023 - Complete and submit forms P11D return of benefits and expenses and P11D(b) return of Class 1A NICs. 19 July 2023 - Pay Class 1A NICs (by the 22 July 2023 if paid electronically). 19…
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