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A round up of topical news articles.
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09 Jun 2025
HMRC has launched a new online interactive tool to help guide both businesses and individuals through tax compliance checks.
Almost 300,000 people filed their tax return in the first week of the new tax year, setting a new record, HMRC has revealed.
The UK's professional tax and accounting bodies have backed the adoption of e-invoicing in their responses to a government consultation.
HMRC will reduce late payment and repayment interest rates from 28 May following the 0.25% cut in the base rate earlier in the month.
Almost half of UK sole traders feel unprepared for upcoming Making Tax Digital (MTD) for Income Tax changes, according to research conducted by IRIS Software.
The government is introducing legislation to regulate cryptoassets and improve consumer protection for the asset class.
The number of employers expecting to increase staff numbers in the next three months has fallen to a record low outside of the pandemic, according to research from the Chartered Institute of Personnel and Development (CIPD).
New company car advisory fuel rates have been published and took effect from 1 June 2025.
06 May 2025
Sole traders and landlords with an income over £50,000 have been warned that there is less than a year before they will be required to use Making Tax Digital for Income Tax (MTD for IT).
The independent review into the loan charge has issued a call for evidence with examples of promotional material and marketing leaflets a priority for the review team.
A new service has been launched that allows individuals to verify their identity directly with Companies House through GOV.UK.
Chancellor Rachel Reeves has said British businesses will be supported to trade freely as she takes action on practices that undercut fair trade, such as the dumping of cheap goods into the UK.
Tax compliance costs the UK's small businesses nearly £25 billion a year, according to recent research conducted by the Federation of Small Businesses (FSB).
Pubs, clubs and restaurants will benefit from a reduction in the red tape that has stifled hospitality business, the government said.
The UK government is taking the right approach to tariff negotiations with the US despite downgrades to the economic outlook, says the British Chambers of Commerce (BCC).
HMRC has published the latest issue of the Employer Bulletin.
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