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Bank holds interest rates as cuts loom
Slow growth and weak jobs data shape outlook.
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House of Lords and NAO raise concerns with IR35
New reports highlight risks and challenges for HMRC.More than one million use extra time to file tax returns
Over 11.3m individuals file self-assessment tax returns by 28 February 2022.Government launches online sales tax consultation
If implemented, business rates would decrease.‘Chaotic’ £1.9bn kickstart scheme ‘fails to deliver’
82,000 fewer young people helped by scheme than predicted.£2.8bn in state benefits go unclaimed
Billions were not taken up in 2019/20, says DWP.First budget surplus during COVID-19 pandemic
January 2022 sees budget surplus of £2.9bn.Retail sales pick up in January after December slump
Sales grew by 1.9% in January 2022.£80m Scottish support package unveiled
Funding made up by underspend from previous COVID support.ATT urges Govt. to ‘rethink’ R&D relief plans
Changes due to start from April 2023.Taxpayers flock to use time-to-pay plans
£310 million paid in instalments since April 2021.