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Treasury will have to replace lost road tax revenues

The Treasury warns that taxes will need to be raised in order to cover the £37bn that will be lost from the reduced fuel duty and vehicle excise duty (VED) in the government’s net zero strategy

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£100 spending limit for contactless cards goes live

The national rollout of the new £100 spending limit for contactless card payments begins from 15 October 2021, although it will take time for retailers to update their terminals

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Taxi drivers and scrap metal businesses face tax checks to renew licence

Changes to the licensing rules for taxi drivers will add a requirement to check their tax compliance before issuing new licenses in a bid to tackle tax evasion from 2022

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31 October deadline for paper self assessment tax returns

HMRC is reminding taxpayers to check that they have the correct information in order to complete their paper self assessment tax returns by the month end deadline

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Time is running out for tax credits and Child Benefit customers with Post Office card accounts

From 1 December 2021, HM Revenue and Customs (HMRC) will stop making payments of Child Benefit, Guardian’s Allowance and tax credits, into Post Office card accounts.

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Business groups warn that fragile economy is on shaky ground

Business groups have warned Prime Minster Boris Johnson that the UK economy is fragile and the recovery from the coronavirus (COVID-19) pandemic remains on shaky ground.

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FSB warns tax rises ‘threaten recovery from pandemic’

The Federation of Small Businesses (FSB) has warned that tax rises could threaten the UK's ongoing recovery from the coronavirus (COVID-19) pandemic.

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Treasury invests £500m in Plan for Jobs expansion

The Treasury announced yesterday that it was to support hundreds of thousands of people as part of a £500m expansion to the government’s Plan for Jobs scheme

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New emergency fraud hotline launched

A new emergency fraud hotline has been launched for individuals to report financial scams as they take place.

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Working Tax Credit customers must report changes to working hours

HM Revenue and Customs (HMRC) is urging Working Tax Credit (WTC) customers to check if they need to update their working hours if these have reduced as a result of coronavirus.

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COVID-19 sick pay rebate scheme to end on 30 September

The government's scheme that enables small businesses to recoup statutory sick pay costs caused by the coronavirus (COVID-19) will end at the end of September.

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Inflation sees sharpest increase on record

Inflation rose to 3.2% last month from 2% in July – its largest ever recorded increase, according to the Office for National Statistics (ONS).

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Companies House changes online payments to gov.uk service

Companies House has confirmed that it has changed its card payment provider which means anyone paying a bill will be directed to a gov.uk pay screen to make a payment on the online service

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Apprenticeship levy transfer scheme launched

The government has launched a service to help businesses create more apprenticeship opportunities by creating a funding pot for the levy

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1.25% tax hike to cover social care costs

The launch of a social care levy from 2022 will see all taxpayers facing a 1.25% tax charge under government plans, while dividend tax will also rise

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Autumn Budget set for 27 October

The Chancellor has confirmed that government spending plans will be outlined at the Spending Review on 27 October alongside a second Budget

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Thousands of teenagers missing out on Child Trust Fund cash

HM Revenue and Customs (HMRC) is urging young people to check if they have a hidden pot of gold – in the shape of a Child Trust Fund (CTF).

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End of furlough set for 30 September

HMRC has updated the guidance covering the Coronavirus Job Retention Scheme (CJRS) to include a section on what happens when the scheme ends

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HMRC help towards childcare costs this September

HMRC has issued a reminder to families that are eligible for tax-free childcare that they can use the scheme to help with their childcare costs as children go back to school

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Contactless limit to increase to £100 from 15 October

The national roll-out of the new £100 spending limit for contactless card payments will begin from 15 October 2021, trade body UK Finance has confirmed.

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