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Latest News for Business

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05 Feb 2026

Pubs get 15% business rates relief

Pubs and live music venues in England will be given a 15% discount on their business rates bills from April and will not see increases for two years, the government announced.

05 Feb 2026

Tax timebomb poses existential threat to high streets, government warned

Small businesses such as cafes, shops and hairdressers are facing three years of business rates misery with an average 52% hike in bills, analysis from the Federation of Small Businesses (FSB) has revealed.

05 Feb 2026

Self assessment payments via the HMRC app up 65%

The number of people using the HMRC app to pay their self assessment tax bill has increased by 65% this tax year, according to the tax authority.

05 Feb 2026

UK Treasury to regulate cryptocurrency under new legislation

The UK will bring cryptocurrencies, including Bitcoin, into a regulatory framework with legislation due by 2027.

05 Feb 2026

UK lenders agree £11 billion SME package

Five major UK banks have agreed a £11 billion lending package aimed at SMEs to support small business growth, the government has announced.

05 Feb 2026

Over 4,800 self assessment scams reported

More than 4,800 self assessment scams have been reported since February 2025, according to data released by HMRC.

05 Feb 2026

UK inflation will fall in 2026

The UK can expect to see big falls in the rate of inflation this year, according to the Resolution Foundation.

05 Feb 2026

Government must ramp up its growth strategy, says think tank

Despite falling behind its peers the UK economy could be on the brink of a turnaround so the government must ramp up rather than run-down its growth strategy, says the Resolution Foundation.

06 Jan 2026

Inheritance Tax reliefs threshold to rise to £2.5 million for farmers and businesses

The level of the Agricultural Property Relief (APR) and Business Property Relief (BPR) thresholds will be increased from £1 million to £2.5 million, the government has announced.

06 Jan 2026

E-invoicing will be fundamental change for VAT-registered businesses

The mandatory introduction of e-invoicing for all VAT-registered businesses selling to UK business customers from April 2029 will be a fundamental change, says the Chartered Institute of Taxation (CIOT).

06 Jan 2026

MTD penalties waived for first year of Income Tax

Self assessment taxpayers due to join Making Tax Digital (MTD) for Income Tax next April will not face penalties if late filing quarterly updates.

06 Jan 2026

Salary sacrifice changes will impact over three million employees

The removal of full tax-free salary sacrifice on pensions with a new £2,000 limit will hit over three million employees at 290,000 companies, according to government figures.

06 Jan 2026

Spring Statement set for 3 March 2026

The Spring Statement has been scheduled for 3 March 2026 by the Chancellor of the Exchequer Rachel Reeves.

06 Jan 2026

£725 million UK apprenticeship overhaul targets youth unemployment

A £725 million package of skills reforms to the apprenticeship system with the aim of helping to tackle youth unemployment and drive economic growth, has been announced by the UK government.

06 Jan 2026

HMRC offers time to help pay self assessment tax bills

HMRC is offering self assessment taxpayers a reminder that help is available to manage their tax bill.

06 Jan 2026

Latest guidance for employers

HMRC has published the latest issue of the Employer Bulletin.

06 Dec 2025

Chancellor raises £26 billion in Autumn Budget

Chancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget.

06 Dec 2025

Christmas crafters urged to check tax rules

HMRC is urging those making money from Christmas crafts, seasonal market stalls, or selling festive items to check if they need to report their earnings.

06 Dec 2025

CIOT calls for implementation of IHT transitional gifting rule

The Chartered Institute of Taxation (CIOT) has urged the government to implement a transitional rule to allow older farmers and other business owners to gift assets to the younger generation.

06 Dec 2025

Self-employed overcounted for decades by official data

Official statistics have overstated the size of the UK's self-employed population for two decades, according to the Institute for Fiscal Studies (IFS).

06 Dec 2025

Bank deposit protection limit to be increased to £120,000

UK bank customers will benefit from an increase to the maximum amount they would be reimbursed for if their bank were to fail.

06 Dec 2025

UK could fall behind in net zero race, BCC warns

The British Chambers of Commerce (BCC) has warned that the UK could fall behind in the race to achieve net zero.

06 Dec 2025

AI will shrink headcount as hiring confidence remains at record low

One in six employers expect AI to shrink their workforce over the next year, with junior roles most at risk.

06 Dec 2025

Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 December 2025.

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