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Making Tax Digital for Income Tax biggest tax change since self assessment

02 Feb 2026

The introduction of Making Tax Digital (MTD) for Income Tax this April will be the biggest change to the UK's tax system since self assessment, says the Low Incomes Tax Reform Group (LITRG).

HMRC confirms helpline will be open on self assessment deadline day

30 Jan 2026

HMRC has announced today that the?helpline for self assessment queries will now be open from 9am to 4pm on Saturday 31 January 2026.

UK lenders agree £11 billion SME package

29 Jan 2026

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

Pubs get 15% business rates relief

28 Jan 2026

Pubs and 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 has announced.

UK inflation will fall in 2026

27 Jan 2026

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

Clock ticking on self assessment deadline

26 Jan 2026

With under a week until the self assessment deadline 8.6 million taxpayers have already filed their return for the 2024/25 tax year, according to HMRC.

Figures reveal significant fall in CGT receipts

23 Jan 2026

Data published by HMRC has revealed that Capital Gains Tax (CGT) receipts fell by 8.4% to £13.646 billion in 2025, down from £14.9 billion in 2024.

Tax timebomb poses existential threat to high streets, government warned

22 Jan 2026

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.

Inflation rises to 3.4%

21 Jan 2026

Data published by the Office for National Statistics (ONS) has revealed that inflation rose to 3.4% in the year to December.

Government must ramp up its growth strategy, says think tank

20 Jan 2026

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

HMRC app sees 65% rise in self assessment payments

19 Jan 2026

HMRC is reminding taxpayers due to submit their self assessment tax returns that there are many different payment options ahead of the 31 January deadline.

Cost hikes denting small business confidence

16 Jan 2026

Small businesses are facing a tough start to 2026 as confidence slumps in the face of cost hikes, research by the Federation of Small Businesses (FSB) has shown.

UK economy grew by 0.3% in November

15 Jan 2026

The UK economy grew by 0.3% in November after car production rebounded and the services sector got a boost, according to data from the Office for National Statistics (ONS).

Employment Rights Act 'will deliver £10 billion in benefits'

14 Jan 2026

The Employment Rights Act will help to deliver an estimated £10 billion boost to the UK economy, the Trades Union Congress (TUC) has stated.

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