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Business News

HMRC launches online PAYE service

30 Jul 2025

HMRC has launched a new online PAYE service, which it says will give 35 million workers more control over their tax affairs.

CGT revenue falls by 18%

29 Jul 2025

Statistics published by HMRC have revealed that Capital Gains Tax (CGT) revenue fell by 18% in the 2023/24 tax year.

IFS calls for 'decisive action' to future-proof pension system

28 Jul 2025

The Institute for Fiscal Studies (IFS) has called for the government to take 'decisive action' to ensure the pension system is future-proofed for the next generation.

IHT to be charged on unused pension pots from 2027

25 Jul 2025

The government will charge Inheritance Tax (IHT) on unused pension pots and death benefits from April 2027.

Government urged to 'harness optimism to grow economy'

24 Jul 2025

The British Chambers of Commerce (BCC) has called on the government to harness retail investor optimism to help grow the UK economy.

Government publishes Finance Bill supporting documents

23 Jul 2025

The government recently published draft legislation for Finance Bill 2025-26 for consultation.

Pensioners 'set to be worse off', warns DWP

22 Jul 2025

The Department for Work and Pensions (DWP) has warned that pensioners retiring in 2050 are set to be worse off than those retiring today.

International companies 'underpaid £8.8 billion in tax'

21 Jul 2025

HMRC estimates that US firms underpaid £8.8 billion in taxes in 2024.

More small firms expect to shrink than grow

18 Jul 2025

The proportion of small firms expecting to contract, sell or close outnumbered the percentage hoping to grow, the Federation of Small Businesses (FSB) has warned.

Recruitment static as firms assess NICs impact

17 Jul 2025

Recruitment at UK firms remained static in the second quarter of 2025 as businesses continued to assess the impact of the rise in employer National Insurance contributions (NICs), says the British Chambers of Commerce (BCC).

Inflation rate jumps to 3.6%

16 Jul 2025

Data published by the Office for National Statistics (ONS) has revealed that the UK inflation rate unexpectedly jumped to 3.6% in the year to June.

UK trade stabilises after tariff hit

15 Jul 2025

The UK's goods exports rose by 3.1% in volume in May, with a 4.2% increase to the EU, led by higher fuels, machinery, transport equipment and other manufactured goods, according to the latest data from the British Chambers of Commerce (BCC).

HMRC warns of Winter Fuel Payment scams

14 Jul 2025

HMRC has issued a warning to be on high alert for scams linked to Winter Fuel Payments after receiving 15,100 reports of bogus activity in June.

UK economy shrank in May

11 Jul 2025

The UK economy shrank in May, according to latest figures from the Office for National Statistics (ONS).

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