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Data published by the Insolvency Service has revealed that the number of company insolvencies in England and Wales rose by 17% in February 2024 when compared to the same month last year.
The Institute of Chartered Accountants in England and Wales (ICAEW) has stated that new guidance from HMRC on research and development (R&D) tax relief guidance 'could be clearer'.
HMRC is urging working parents to make use of its Tax-Free Childcare (TFC) scheme to help save on Easter childcare costs.