Johnson Murkett & Hurst

• Spring Budget 2024 date confirmed for 6 March
  Chancellor Jeremy Hunt will deliver the 2024 Spring Budget on 6 March, the government has confirmed. The Budget will include the government's tax and spending plans as well as new growth and borrowing forecasts....... read more
• UK at risk of recession after economy shrinks
  The UK is at risk of recession after revised figures showed the economy shrank between July and September, according to data from the Office for National Statistics (ONS). Gross domestic product, which measures the health of the economy, contracted by 0.1% after previous estimates suggested growth has been flat....... read more
• HMRC updates off payroll compliance guidance
  HMRC recently updated its guidance on off payroll working compliance for employers. The new guidance sets out 'practical steps' for organisations to follow. It affects employers who are responsible for operating off payroll working rules and who engage workers who provide their services through their own intermediary....... read more
• Countdown for 5.7 million to file their 2022/23 self assessment tax return
  With less than a month to go to the self assessment deadline 5.7 million taxpayers have been urged to file their 2022/23 tax returns by HMRC. HMRC data shows almost 6.5 million customers have already beaten the self assessment clock by filing their tax return....... read more
• Red tape, rising costs and regulation 'holding back exports'
  Red tape, rising costs and increasing regulation are holding back exports, a survey of UK businesses carried out by the British Chambers of Commerce (BCC) has found. Current customs checks and declarations present 'barriers to exporting', according to 49% of firms polled. An additional 40% of businesses said taxes and duties are other areas of concern....... read more
• Greater protection for businesses under new Ofgem proposals
  Proposals to provide greater protection to UK small businesses on energy bills have been launched by the energy regulator Ofgem. Ofgem's proposals will help to ensure businesses receive the highest standards of service and more clarity on the costs being paid to third party brokers....... read more
• Businesses say hybrid working is here to stay
  Less than 30% of firms expect their workforce to fully return to the workplace over the next five years, according to research by the British Chambers of Commerce (BCC). The survey of over 1,000 businesses found just 27% of respondents predict their employees will be fully physically present in the workplace over the next five years....... read more
• Latest guidance for employers
  HMRC has published the latest issue of the Employer Bulletin. The December issue has information on various topics, including...... read more

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