News

05 Dec

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).

04 Dec

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.

03 Dec

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.

02 Dec

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.

01 Dec

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.

28 Nov

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.

27 Nov

View our 2025 Autumn Budget Report

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

26 Nov

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.

26 Nov

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.

26 Nov

2025 Autumn Budget - the business reaction

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

26 Nov

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.

25 Nov

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.

24 Nov

VAT reform could raise £80 billion a year, claims ICAEW

The Chancellor could raise billions by reforming UK's 'outdated and overly complex' VAT system, claims the Institute of Chartered Accountants in England and Wales (ICAEW).

21 Nov

Bank deposit protection limit to be increased to £120,000

UK bank customers will benefit from an increase to the maximum amount they would be reimbursed for if their bank were to fail from 1 December, the Prudential Regulation Authority (PRA) has confirmed.

20 Nov

AI tools giving risky consumer advice, warns Which?

AI tools including Chat GPT, Gemini and Meta AI are giving inaccurate, unclear and risky advice which could prove costly if followed, warns consumer champion Which?.

19 Nov

UK inflation rate falls for first time since March

The UK inflation rate fell to 3.6% in the year to October, according to the latest data from the Office for National Statistics (ONS).

18 Nov

Christmas crafters urged to check tax rules

HMRC is urging those making money from Christmas crafts, seasonal market stalls, or selling festive items to check if they need to report their earnings.

17 Nov

Outdated rules could dim UK's creative spirit, warns FSB

Small firms in the creative industries are ready to drive growth ? but need a system that reflects the realities of modern work, the Federation of Small Businesses (FSB) has warned.

14 Nov

Chancellor rules out cutting tax-free pension lump sum limit in Budget

The Treasury has confirmed that Chancellor Rachel Reeves will not cut the tax-free pension lump sum limit in the Autumn Budget on 26 November.

13 Nov

Budget 'make or break' after sluggish growth figures, says BCC

Chancellor Rachel Reeves is facing a 'make or break' Budget after sluggish growth figures were published for the third quarter of the year, says the British Chambers of Commerce (BCC).

12 Nov

UK jobs market weakens as unemployment rises

Data published by the Office for National Statistics (ONS) has revealed that the unemployment rate rose to 5% in the three months to September.

11 Nov

Employers expect AI to shrink workforce over coming year

Research carried out by the Chartered Institute of Personnel and Development (CIPD) has suggested that one in six employers anticipate that artificial intelligence (AI) will shrink their workforce over the next year.

10 Nov

Think tank urges Chancellor to prioritise prices in Autumn Budget

Think tank the Resolution Foundation has called on Chancellor Rachel Reeves to use the Autumn Budget on 26 November to put the public finances in order and reduce prices and poverty.

07 Nov

Interest rates held at 4%

Ahead of the Autumn Budget on 26 November, the Bank of England has held interest rates at 4%.

06 Nov

Urgent action required to help small firms unlock trade benefits

The British Chambers of Commerce (BCC) has called for 'urgent action' to help small firms unlock trade deal benefits.

05 Nov

Chancellor refuses to rule out raising taxes in Autumn Budget

In a pre-Autumn Budget speech from Downing Street, Chancellor Rachel Reeves has refused to rule out raising taxes in the upcoming Autumn Budget on 26 November.

04 Nov

CIOT calls for implementation of IHT transitional gifting rule

The Chartered Institute of Taxation (CIOT) has urged the government to implement a transitional rule to allow older farmers and other business owners to gift assets to the younger generation free of Inheritance Tax (IHT) before changes take effect in April 2026.

03 Nov

More small firms expect to shrink than grow

Research published by the Federation of Small Businesses (FSB) has revealed that more small firms expect their business to shrink rather than grow over the next year.

Latest News For Business

News

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

Still time to start self assessment returns, says HMRC

Spending cuts and tax rises to serve as headwinds to economy

Director confidence 'near record low'

MTD penalties waived for first year of Income Tax

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

View our 2025 Autumn Budget Report

2025 Autumn Budget - what to expect

2025 Autumn Budget - the political reaction

2025 Autumn Budget - the business reaction

2025 Autumn Budget - the economic picture

UK announces billions more investment in AI

VAT reform could raise £80 billion a year, claims ICAEW

Bank deposit protection limit to be increased to £120,000

AI tools giving risky consumer advice, warns Which?

UK inflation rate falls for first time since March

Christmas crafters urged to check tax rules

Outdated rules could dim UK's creative spirit, warns FSB

Chancellor rules out cutting tax-free pension lump sum limit in Budget

Budget 'make or break' after sluggish growth figures, says BCC

UK jobs market weakens as unemployment rises

Employers expect AI to shrink workforce over coming year

Think tank urges Chancellor to prioritise prices in Autumn Budget

Interest rates held at 4%

Urgent action required to help small firms unlock trade benefits

Chancellor refuses to rule out raising taxes in Autumn Budget

CIOT calls for implementation of IHT transitional gifting rule

More small firms expect to shrink than grow

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