Insolvencies increase by 51% in May
2,552 companies registered as insolvent last month.Tax system “overcomplicated”, say MPs
Current tax system is an obstacle to growth.Charities gain more financial freedom
Charities Act changes give trustees greater flexibility.HMRC extends voluntary NIC deadline
Taxpayers have two extra years to fill records.HMRC launches VAT time-to-pay portal
Eligible businesses can set up payment plans online.Making Tax Digital said to cost £1.3bn
The original 2020 launch date was “unviable”.Government may scrap oil and gas windfall tax
Levy will remain in place unless prices drop.Self-assessment helpline to close for three months
HMRC will focus resources on other ‘problem calls’.FSB urges summer support for tourism sector
Recommendations come after predicted boom in ‘staycations’.MPs call for crypto crackdown
Group seeks tougher regulations for ‘consumer protection’.
