Government announcements

UK economy to contract by 11.3% in 2020

Post date: 26 Nov 20

The OBR predicts the economy will grow by 5.5% in 2021.

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UK borrowing hits £22.3bn in October

Post date: 20 Nov 20

Borrowing hit its highest levels in October since records began in 1993.

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HMRC warns self-assessment customers about scammers

Post date: 19 Nov 20

500,000 referrals from the public offered fraudulent tax rebates.

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MTD for corporation tax to be implemented from 2026

Post date: 18 Nov 20

HMRC revealed potential designs of its MTD for the corporation tax system.

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Government extends furlough scheme to end of March

Post date: 06 Nov 20

Employees to receive 80% of salary for hours not worked.

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Haworths Chartered Accountants is a trading name of Haworths Ltd. Registered Office: The Old Tannery, Eastgate, Accrington, Lancashire, BB5 6PW.
Registered in England and Wales No.5062509. Haworths Ltd is a wholly owned subsidiary of Haworths Holdings Ltd.
Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants
in England and Wales. A list of directors is available at the Registered Office.

PI Insurance : Travelers Insurance Company Ltd, Exchequer Court, 33 St Mary Axe, London, EC3A 8AG. Telephone 020 3207 6000.
Territorial Limits : Shall mean the United Kingdom (including the Channel Islands and the Isle of Man) and the Republic of Ireland.

Government announcements

UK economy to contract by 11.3% in 2020

UK borrowing hits £22.3bn in October

HMRC warns self-assessment customers about scammers

MTD for corporation tax to be implemented from 2026

Government extends furlough scheme to end of March