Despite strong Valentine’s Day sales, the Retail Sales Statistics for February 2017 released today were not enough to keep falling figures at bay. With Valentine’s Day sales making the retail industry around £1.6bn, there was still an underlying sluggish trade pattern, as 3 month on 3 month sales activity decreased by 1.4% for the second month in a row – the largest decrease since March 2010 and only the second fall since December 2013. Phil Mullis, Partner and Head of Retail and Wholesale at top-20 UK accountancy firm, Wilkins Kennedy, commented: “February was actually ok compared to the dismal growth in February 2016. This time, rising food prices helped drive inflation."
Deadline for claiming your PAYE tax refund for the 2012/13 tax year.
First day of the new tax year 2017/18
Copies of 2016/17 P60 documents issued to employees.
The Chancellor has delivered his last ever Spring Budget. With UK economic growth second only to that of Germany, he promised to provide Britain with a brighter future and set out measures to create a more competitive, fair and stable tax system.
Our 2017 Budget Hub contains all the details for personal and business taxation.