Over one million miss self assessment deadline
Over one million self assessment taxpayers missed the filing deadline at midnight on 31 January, according to data published by HMRC.
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Over one million self assessment taxpayers missed the filing deadline at midnight on 31 January, according to data published by HMRC.
Read moreThe government must clarify plans around new customs processes as firms remain in the dark about crucial aspects of their operation, says the British Chambers of Commerce (BCC).
Read moreJust 35% of UK adults are confident they could complete the self assessment tax return form correctly, according to research by Standard Life.
Read moreArtificial intelligence (AI) will affect almost 40% of all jobs around the world and deepen inequality, the International Monetary Fund (IMF) has warned.
Read moreTens of thousands more over 50s are now running their own businesses despite an overall decline in self-employment since 2020, according to the Association of Independent Professionals and the Self-Employed (IPSE).
Read moreAs the use of cryptoassets continues to grow HMRC is warning people to check if they need to complete a self assessment tax return for the 2022/23 tax year to avoid potential penalties.
Read moreThe government should raise the turnover threshold for VAT from £85,000 to £100,000, according to the Federation of Small Businesses (FSB).
Read moreTax cut promises may need to be scrapped as a result of the UK being in an 'unfortunate economic and fiscal bind', the Institute for Fiscal Studies (IFS) has warned.
Read moreGovernment borrowing fell to £7.8 billion in December 2023 giving Chancellor Jeremy Hunt more scope to make the tax cuts he has hinted at in the Spring Budget.
Read moreLess than 30% of firms expect their workforce to fully return to the workplace over the next five years, according to research by the British Chambers of Commerce (BCC).
Read moreWith less than a month to go to the self assessment deadline 5.7 million taxpayers have been urged to file their 2022/23 tax returns by HMRC.
Read moreRed tape, rising costs and increasing regulation are holding back exports, a survey of UK businesses carried out by the British Chambers of Commerce (BCC) has found.
Read moreProposals to provide greater protection to UK small businesses on energy bills have been launched by the energy regulator Ofgem.
Read moreChancellor Jeremy Hunt will deliver the 2024 Spring Budget on 6 March, the government has confirmed.
Read moreThe UK is at risk of recession after revised figures showed the economy shrank between July and September, according to data from the Office for National Statistics (ONS).
Read moreHMRC recently updated its guidance on off payroll working compliance for employers.
Read moreThe changes to National Insurance contributions (NICs) announced by Chancellor Jeremy Hunt in the Autumn Statement will help to 'ease the burden on strivers up and down the country', according to the Federation of Small Businesses (FSB).
Read moreThe tax cuts announced in the 2023 Autumn Statement won't prevent tax revenues rising to their highest ever levels, the Institute for Fiscal Studies (IFS) has warned.
Read moreThe UK government has agreed an 'historic' commitment with 48 countries to combat criminals using crypto assets to evade tax.
Read moreUK inflation fell to a two-year low while the base rate of interest was unchanged by the Bank of England for the second month in a row.
Read moreHMRC is 'Making Tax Difficult' for taxpayers as Making Tax Digital (MTD) adds to the burdens they face, according to a report by the Public Accounts Committee (PAC).
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