Tax hikes announced to fill ‘fiscal black hole’.
Industry reacts to Autumn Statement 2022
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Government Announcements
HMRC changes profit assessment rules
Affected businesses will see a change in how they complete their returns.
CGT incorrectly calculated by HMRC service
Faulty service leads to non-residents paying the wrong amount of tax.
Base interest rate rises to 3%
The Bank of England introduces its largest hike in 33 years.
HMRC reminds taxpayers to declare SEISS payments
More than 2.9 million people claimed SEISS payments in the 2021/22 tax year.
Medium-term fiscal plan delayed by two weeks
An upgraded autumn statement is now set for 17 November.
Tax take hits £368.9bn in six months
Income tax and National Insurance drive the increase.
Triple lock pensions under question
Triple lock pensions may be off the table as inflation soars to 10.1%.
Charities warned against online fraud
One in eight charities experienced cybercrime in the last 12 months.