Business and Tax News - Jun 2023

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Business and Tax News For Jun 2023 by the UK's number one tax calculator website!

Government Support For People With Mortgages

GENERAL

Government Support For People With Mortgages

Following months of base rate rises and the recent jump to 5 percent, the government has outlined plans to help those struggling with mortgages.

2,111 views

Late Filing Penalties Hit Over 120,000 of the Lowest Earners

TAX RETURN

Late Filing Penalties Hit Over 120,000 of the Lowest Earners

Controversy hits HMRC after people earning under tax-free threshold smacked with fines for not submitting tax returns.

2,047 views

Bank of England Struggles To Contain Inflation As Interest Rates Hit 5 Percent

PERSONAL TAX

Bank of England Struggles To Contain Inflation As Interest Rates Hit 5 Percent

With inflation refusing to budge the central bank doubles the amount of its last rate increase with a 0.5 percent hike.

1,667 views

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