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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

HMRC late payment interest rises this month

The decision follows Bank of England’s base rate increase.

Economy shrinks between April and June

ONS says GDP fell as predicted over Q2.

BBRS urges SMEs to register banking disputes

The service is reminding businesses there are six months left.

Number of non-dom taxpayers drops, says HMRC

Tax contributions still surpassed £7 billion.

HMRC late payment rates to be revised

Changes will reflect the rise in interest rates

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