Bank of England hikes interest rates to 5.25%
Increase takes rates to their highest since 2008.
CIOT: taxpayers using pilots must not be disadvantaged
Tax institute flags concerns following HMRC consultation.
Corporate insolvencies hit a 14-year high
Insolvency Service reports an 8.9% increase on the previous quarter.
Government proposes merging R&D tax relief schemes
Changes would present opportunities for tax simplification.
HMRC defends decision to close self-assessment helpline
Treasury says reasons for temporary closure “not good enough”.