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A round up of topical news articles.
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07 Apr 2025
Increases to the National Living Wage and National Minimum Wage took effect from 1 April.
Chancellor Rachel Reeves announced 'no further tax increases' in the 2025 Spring Statement.
The first Finance Act of the Labour government has gained Royal Assent and passed into law.
The reporting threshold for trading income for self assessment is being lifted from £1,000 to £3,000 gross within this parliament, according to the Treasury.
The financial benefits of MTD for VAT could be as high as £915 million, according to analysis carried out by HMRC.
Chancellor Rachel Reeves has unveiled plans to cut red tape as the government aims to kickstart economic growth.
The government's employment reforms are causing employers to put their hiring plans on hold, according to the Institute of Directors (IoD).
09 Mar 2025
The government has launched a consultation on plans for the rollout of electronic invoicing (e-invoicing) in the UK.
The government has stopped controversial plans to collect information about the exact hours worked by every employee in PAYE returns.
An increasingly complex tax system is costing UK businesses an estimated £15.4 billion a year in compliance, according to a report from the National Audit Office (NAO).
The government has introduced a package of support that it says will help the alcohol sector to grow.
The overwhelming majority of businesses say the rise in employers' NICs will force them to change their plans, according to research by the British Chambers of Commerce (BCC).
HMRC will reduce late payment and repayment interest rates from 25 February following the cut in the base rate.
HMRC has published the latest issue of the Employer Bulletin.
New company car advisory fuel rates have been published and took effect from 1 March 2025.
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