News Latest News for Business Click on a headline to read the full story. 06 May 2026Countdown to taxation of benefits-in-kind via the payroll underwayThere is less than a year to go before all employers must tax benefits-in-kind via the payroll, the Chartered Institute of Taxation has warned. 06 May 2026UK government to review mileage ratesThe government has confirmed it will review approved mileage rates for business users ahead of a future Budget. 06 May 2026UK businesses should apply now for Vaping Products DutyVaping-related businesses and supply chains need to register now for Vaping Products Duty (VPD) and the Vaping Duty Stamps (VDS) Scheme, says HMRC. 06 May 2026Government unveils crackdown on late paymentsSmall businesses to be backed by new, stronger measures to tackle late payments, the government has announced. 06 May 2026New procurement rules offer SMEs hopeThe government's new procurement rules that target opportunities for smaller businesses offer hope to SMEs, according to the British Chambers of Commerce (BCC). 06 May 2026Pensioners urged to be alert to Winter Fuel Payment scamsHMRC is warning pensioners to be on high alert for scams as the recovery of Winter Fuel Payments begins this month. 06 May 2026Higher energy prices could leave typical British households £480 worse off this yearHigher energy prices due to the conflict in the Middle East are set to make the median working-age British household £480 worse off this year, according to the Resolution Foundation. 06 May 2026Latest guidance for employersHMRC has published the latest issue of the Employer Bulletin. 08 Apr 2026HMRC investigations doubles additional tax from large businessesHMRC's large business directorate has doubled the amount of tax revenue it collects, according to the National Audit Office (NAO). 08 Apr 2026HMRC takes £137 million in late payment interestHMRC has taken in over £137 million from late payment interest so far for 2023/24, a freedom of information request from investment platform AJ Bell shows. 08 Apr 2026Hundreds of employers handed penalties for illegally underpaying workersAlmost 400 employers from across the UK have been named for failing to pay the minimum wage to tens of thousands of workers, says the government. 08 Apr 2026Grant boost for installing EV chargers for households and businessesRenters, flat owners, homeowners without driveways and businesses will be able to save up to £500 when installing electric vehicle (EV) charge points, the government has announced. 08 Apr 2026Government unveils package of youth employment initiativesThe government has unveiled a youth employment drive that aims to create 200,000 jobs for young people and reform apprenticeships. 08 Apr 2026New tax year brings contentious changesThe start of the new tax year on 6 April 2026 brings contentious changes with it, warns the Chartered Institute of Taxation (CIOT). 08 Apr 2026HMRC website seeks to close tax knowledge gapsHMRC has launched a new 'Tax Confident' website which it says will help people fill their tax knowledge gaps. Archive NewsClick here to access our full archive
