News

Stay up to date on all of the latest business and tax happenings.

Posted
11 Dec 2025

£725 million package unveiled to support apprenticeships

The government recently unveiled a £725 million package aimed at supporting apprenticeships and combating youth unemployment.

Posted
10 Dec 2025

Covid fraud cost UK taxpayers £10.9 billion

Taxpayers lost £10.9 billion to fraud and error as the UK government's pandemic response 'left the front door open to fraud', an independent report has revealed.

Posted
09 Dec 2025

Most sole traders are not ready for MTD changes

The majority of sole traders do not have a clear understanding of Making Tax Digital for Income Tax (MTD for IT), according to research from the Association of Independent Professionals and the Self-Employed (IPSE).

Posted
08 Dec 2025

Firms reducing headcount at 'fastest pace since pandemic'

Firms reducing headcount at 'fastest pace since pandemic'

Posted
05 Dec 2025

E-invoicing will be fundamental change for VAT-registered businesses

The mandatory introduction of e-invoicing for all VAT-registered businesses selling to UK business customers from April 2029 will be a fundamental change, says the Chartered Institute of Taxation (CIOT).

Posted
04 Dec 2025

Still time to start self assessment returns, says HMRC

Although there are less than two months until the self assessment deadline there is still time to start an accurate return, says HMRC.

Posted
03 Dec 2025

Spending cuts and tax rises to serve as headwinds to economy

A report published by the Organisation for Economic Co-operation and Development (OECD) has suggested that tax rises and spending cuts announced by Chancellor Rachel Reeves will serve as headwinds to the UK economy.

Posted
02 Dec 2025

Director confidence 'near record low'

A report carried out by the Institute of Directors (IoD) has found that confidence amongst business directors is at a near record low.

Posted
01 Dec 2025

MTD penalties waived for first year of Income Tax

Self assessment taxpayers due to join Making Tax Digital for Income Tax (MTD for IT) next April will not face penalties if late filing quarterly updates.

Posted
28 Nov 2025

Chancellor 'choosing to spend more and borrow more', says think tank

In its response to the 2025 Autumn Budget, the Institute for Fiscal Studies (IFS) has stated that Chancellor Rachel Reeves is 'choosing to spend more and borrow more' than she previously said she would.

Posted
27 Nov 2025

View our 2025 Autumn Budget Report

Chancellor Rachel Reeves delivered her 2025 Autumn Budget speech yesterday, outlining a range of financial measures.

Posted
26 Nov 2025

2025 Autumn Budget - what to expect

Chancellor Rachel Reeves will present the 2025 Autumn Budget today. We will keep you up to date on the key Autumn Budget announcements and supply a summary, which will appear on our website.

Posted
26 Nov 2025

2025 Autumn Budget - the political reaction

Addressing the House of Commons, Chancellor Rachel Reeves used the 2025 Autumn Budget to freeze Income Tax and National Insurance (NI) thresholds for an extra three years beyond 2028; remove the two-child benefit cap from April 2026; and extend the 5p 'temporary' Fuel Duty cut on petrol and diesel until September 2026.

Posted
26 Nov 2025

2025 Autumn Budget - the business reaction

Business groups have reacted to Chancellor Rachel Reeves' Autumn Budget speech.

Posted
26 Nov 2025

2025 Autumn Budget - the economic picture

Within her Autumn Budget speech, Chancellor Rachel Reeves announced measures that will raise taxes by £26 billion in 2029/30, including a freeze on Income Tax and National Insurance (NI) thresholds beyond 2028 and a cap on the amount under-65s can put into Cash ISAs.

Posted
25 Nov 2025

UK announces billions more investment in AI

The UK government has announced that billions of additional private investments has been committed to help build the country's AI capabilities.

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