Lovewell Blake appoints two new managers
Chartered accountants Lovewell Blake has announced the appointment of two new managers, following promotions within the firm.
Delay to Making Tax Digital for Income Tax Self-Assessment (finally some good news!)
The UK Government have announced that Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) will now be delayed until April 2026.
Bank of England - December rate hike
Yesterday, The Bank of England (BoE) revealed a 0.50% point interest rate rise – its ninth consecutive increase, as it looks to maintain its battle against inflation. The decision to raise the bank rate to 3.5% means it is at its highest level for 14 years.
Premium bond prize fund pot set to increase again
National Savings and Investments (NS&I) have announced another increase to their Premium Bond customers, who are set to get a welcome New Year boost, with an increase to the prize fund rate from 2.20% to 3.00%.
Local farmers learn of growing support available from UK’s leading farming welfare charity
Farmers in Norfolk and Suffolk were told that the country’s leading farming welfare charity is planning to expand its support – as a new survey revealed that nearly half the UK’s farmers are feeling a level of anxiety, with over a third experiencing feelings of depression.
Tax burden rises following Autumn Statement
The UK's tax burden will rise after Chancellor Jeremy Hunt reduced the threshold on the top rate of tax and announced freezes on other taxes in the Autumn Statement.
UK businesses anticipate growth in exports
A significant number of UK businesses that trade internationally expect to see an increase in their exports over the coming year, according to an Institute of Directors (IoD) survey.
Auto-enrolment has helped workers save £114 billion into pensions
Workers have saved more than £114 billion into their pension pots since pensions automatic enrolment was implemented ten years ago, according to data published by the Department for Work and Pensions (DWP).