Tax and business calendar
MTD extension to cost taxpayers £1.5bn
4.2 million businesses and landlords affected.HMRC collects £27.9bn less tax
Tax revenues fall by 4.4% to £608.8bn.Bank of England resists pressure to raise interest rates
Interest rates maintained at 0.1%.37% of businesses report higher prices
Prices increase faster than usual in October 2021.New ‘cladding tax’ to start in 2022/23
Revenues to support removal of unsafe cladding.3 in 5 pension schemes fail to consider climate change
Investors are at risk of lower returns.Shipping firms that fly red ensign flag to get tax breaks
Other reforms to simplify the tax regime.Business rates relief for hospitality, retail and leisure in 2022/23
50% discount available, up to maximum of £110,000.Sunak extends recovery loan scheme
Applications will be available until June 2022.Autumn Budget 2021: reactions
Business leaders and experts weigh in on the Autumn Budget 2021.
Looking for an accountant that’s right for you? or looking to switch to a new accountant? Get in touch and we will do all the hard work!
5 Beauley Rd, Bristol, BS3 1PX
0117 9635356
enquiries@dorringtonmundy.co.uk
Directors: Margaret Mundy FCA and Lorraine Dorrington FCCA CTA
Dorrington Mundy is incorporated as Dorrington Mundy Limited a Company Registered in England No. 08626146
Current news
Four in ten experienced scam attempt in the last year
Average loss of funds was £4,715 per person.
Corporate insolvencies down 6% in July
Insolvencies remain higher than pre-pandemic levels.
Inflation falls to 6.8% in July
Flights and hotels keep prices high.