HMRC

Here’s your breakdown of the major business announcements from the Autumn Statement 2024. A budget to fix the foundations of the economy Rachel Reeves, the Chancellor of the Exchequer, delivered the Autumn Statement on 30 October 2024, saying that this was a budget intended to fix the foundations of the economy, deliver change for working people, mend the...

HMRC interest and penalties...Did you know that if you don’t pay your taxes on time, HM Revenue & Customs (HMRC) can charge you interest on your late payment? HMRC can use its powers to charge interest on late payments of tax and pay interest on overpayments you’ve made to them. And those rates change from 21/02/2022. How does...