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Browsing Tag ACCA Cymru

ACCA calls on chancellor to deal with double whammy of frozen thresholds and weak growth

● Additional people and businesses are being pulled into higher tax bands, adding to an already overburdened HMRC service
● Frozen thresholds can result in companies not being as productive and instead capping their profit under thresholds to avoid taxation
● UK economy remains weak, and small businesses are concerned about continuing inflation hitting their bottom line

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