News Latest News for Business Click on a headline to read the full story. 06 Jan 2025HMRC urges self assessment taxpayers to spread the costHMRC is reminding people who pay tax by self assessment of the opportunity to spread the cost of their bill with the Time to Pay facility. 06 Jan 2025HMRC could save millions of hours with tracking systemHMRC could save an estimated 1.7 million hours of call handlers' time every year if it implemented an automated status tracking system, according to two of the leading bodies for tax advisers and chartered accountants. 06 Jan 2025Government launches Industrial Strategy Advisory CouncilThe UK government has launched a new Industrial Strategy Advisory Council which brings together business leaders from across the UK to offer advice. 06 Jan 2025Spring Statement set for 26 MarchThe Chancellor will deliver her Spring Statement to the House of Commons on Wednesday 26 March 2025. 06 Jan 2025UK economy shrinks for second month in a rowThe UK economy shrank for the second month in a row in October, according to the Office for National Statistics (ONS). 06 Jan 2025Cash usage on the rise for second successive yearCash use in the shops rose for a second year in a row in 2023 after a decade of falls, according to the British Retail Consortium (BRC). 06 Jan 2025Over 40,000 file self assessment over the Christmas breakMore than 40,000 taxpayers completed their self assessment returns over the Christmas break, according to figures from HMRC. 06 Jan 2025Latest guidance for employersHMRC has published the latest issue of the Employer Bulletin. 04 Dec 2024Permanent business rate cut for high street on the wayThe government has published draft legislation to permanently cut business rates for retail, hospitality and leisure properties from 2026. 04 Dec 2024HMRC warns landlords to disclose earningsHMRC has warned landlords to disclose their earnings on self assessment tax returns. 04 Dec 2024No tax changes for online sellersPeople selling unwanted items online can continue to do so without any new tax obligations, HMRC has confirmed. 04 Dec 2024Business frustrated at halt in rollout of digital trade platformImport and export businesses are frustrated by the government's decision to pause work on the digital trade platform, according to the Institute of Directors (IoD). 04 Dec 2024Employer NICs rise may have unforeseen consequencesThe extra costs of the increase in employers' NICs could cause businesses to respond in ways the government did not intend, the Chartered Institute of Taxation (CIOT) has warned. 04 Dec 2024Scams warning as self assessment deadline loomsHMRC is warning of scam attempts targeting self assessment taxpayers in the run up to the 31 January deadline. 04 Dec 2024HMRC late payment interest cutHMRC has reduced late payment and repayment interest rates following the cut to the base rate. 04 Dec 2024Advisory fuel rates for company carsNew company car advisory fuel rates have been published and took effect from 1 December 2024. Archive NewsClick here to access our full archive
