News
Permanent business rate cut for high street on the way
The government has published draft legislation to permanently cut business rates for retail, hospitality and leisure properties from 2026. The tax cut will be funded by a tax rise for…
HMRC warns landlords to disclose earnings
HMRC has warned landlords to disclose their earnings on self assessment tax returns. The tax authority has clarified the guidance on who can participate in the Let Property Campaign, which…
No tax changes for online sellers
People selling unwanted items online can continue to do so without any new tax obligations, HMRC has confirmed. The reminder comes as online platforms start sharing sales data with HMRC…
Business frustrated at halt in rollout of digital trade platform
Import 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). When fully operational, the Single…
Employer NICs rise may have unforeseen consequences
The 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. At…
Scams warning as self assessment deadline looms
HMRC is warning of scam attempts targeting self assessment taxpayers in the run up to the 31 January deadline. Last year, concerned taxpayers reported nearly 150,000 scam referrals to HMRC.…
