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Latest News for Business

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08 Jun 2026

Record number of taxpayers file self assessment in April

A record 737,891 taxpayers filed their 2025/26 self assessment returns in April, according to figures from HMRC.

08 Jun 2026

ICAEW encourages taxpayers to sign up to Making Tax Digital

Taxpayers who are required to use Making Tax Digital (MTD) for Income Tax from April 2026 should sign up now if they haven't done so already, says the Institute of Chartered Accountants in England and Wales (ICAEW).

08 Jun 2026

Late payment legislation is 'historic' moment

The UK government's formal commitment to legislation to stamp out late payments is an historic moment, according to the Federation of Small Businesses (FSB).

08 Jun 2026

Summer savings for children launched

Families travelling this summer will benefit from free bus travel for children as part of the government's efforts to help with the cost of living.

08 Jun 2026

Government boosts efforts to help young people find their Child Trust Funds

The government will contact thousands of young people about forgotten Child Trust Funds (CTFs) in a bid to reunite account holders with their accounts that are now worth £2,200 on average.

08 Jun 2026

Government must fix 'broken business rates'

The government must take the chance to fix the UK's broken business rates system, says the British Chambers of Commerce (BCC).

08 Jun 2026

Crime against business putting growth at risk

Decisive action is needed to tackle the 'hidden threat' of crime against businesses damaging growth, according to the British Chambers of Commerce (BCC).

08 Jun 2026

Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 June 2026.

06 May 2026

Countdown to taxation of benefits-in-kind via the payroll underway

There is less than a year to go before all employers must tax benefits-in-kind via the payroll, the Chartered Institute of Taxation has warned.

06 May 2026

UK government to review mileage rates

The government has confirmed it will review approved mileage rates for business users ahead of a future Budget.

06 May 2026

UK businesses should apply now for Vaping Products Duty

Vaping-related businesses and supply chains need to register now for Vaping Products Duty (VPD) and the Vaping Duty Stamps (VDS) Scheme, says HMRC.

06 May 2026

Government unveils crackdown on late payments

Small businesses to be backed by new, stronger measures to tackle late payments, the government has announced.

06 May 2026

New procurement rules offer SMEs hope

The government's new procurement rules that target opportunities for smaller businesses offer hope to SMEs, according to the British Chambers of Commerce (BCC).

06 May 2026

Pensioners urged to be alert to Winter Fuel Payment scams

HMRC is warning pensioners to be on high alert for scams as the recovery of Winter Fuel Payments begins this month.

06 May 2026

Higher energy prices could leave typical British households £480 worse off this year

Higher energy prices due to the conflict in the Middle East are set to make the median working-age British household £480 worse off this year, according to the Resolution Foundation.

06 May 2026

Latest guidance for employers

HMRC has published the latest issue of the Employer Bulletin.

08 Apr 2026

HMRC investigations doubles additional tax from large businesses

HMRC's large business directorate has doubled the amount of tax revenue it collects, according to the National Audit Office (NAO).

08 Apr 2026

HMRC takes £137 million in late payment interest

HMRC has taken in over £137 million from late payment interest so far for 2023/24, a freedom of information request from investment platform AJ Bell shows.

08 Apr 2026

Hundreds of employers handed penalties for illegally underpaying workers

Almost 400 employers from across the UK have been named for failing to pay the minimum wage to tens of thousands of workers, says the government.

08 Apr 2026

Grant boost for installing EV chargers for households and businesses

Renters, flat owners, homeowners without driveways and businesses will be able to save up to £500 when installing electric vehicle (EV) charge points, the government has announced.

08 Apr 2026

Government unveils package of youth employment initiatives

The government has unveiled a youth employment drive that aims to create 200,000 jobs for young people and reform apprenticeships.

08 Apr 2026

New tax year brings contentious changes

The start of the new tax year on 6 April 2026 brings contentious changes with it, warns the Chartered Institute of Taxation (CIOT).

08 Apr 2026

HMRC website seeks to close tax knowledge gaps

HMRC has launched a new 'Tax Confident' website which it says will help people fill their tax knowledge gaps.

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