Latest News For Business

News

13 Feb

HMRC urges young people to claim Child Trust Funds

HMRC is urging young people who have yet to claim their Child Trust Fund (CTF) to do so during National Apprenticeship Week.

12 Feb

Economy grew by 0.1% in final quarter of 2025

The UK economy grew by 0.1% in the final quarter of last year, according to the latest figures from the Office for National Statistics (ONS).

11 Feb

Get tax affairs back on track if you missed the self assessment deadline

The Low Incomes Tax Reform Group (LITRG) is urging the estimated one million taxpayers who failed to file their tax return on time to get their tax affairs back on track.

10 Feb

Apprenticeship system reform must go further

The government must reform the apprenticeship system to make it fit for the 21st Century, according to a new report published by the British Chambers of Commerce (BCC).

09 Feb

Sole traders and landlords given MTD warning

Sole traders and landlords have been warned they need to act now to be ready for Making Tax Digital (MTD) for Income Tax.

06 Feb

Further rate cuts crucial to support growth, says BCC

More cuts to interest rates will be needed to support economic growth, says the British Chamber of Commerce (BCC).

05 Feb

EU reset must reverse trade slump, says BCC

The government must tackle the big issues around trading with the EU this year if it wants to reverse the post-Brexit trade slump, says the British Chambers of Commerce (BCC).

04 Feb

One million miss self assessment deadline

An estimated one million taxpayers missed the self assessment deadline for the 2024/25 tax year, according to HMRC.

03 Feb

Business confidence jumps in January

The confidence of business leaders in both their own organisations and the wider UK economy rose markedly in January, according to data from the Institute of Directors (IoD).

02 Feb

Making Tax Digital for Income Tax biggest tax change since self assessment

The introduction of Making Tax Digital (MTD) for Income Tax this April will be the biggest change to the UK's tax system since self assessment, says the Low Incomes Tax Reform Group (LITRG).

30 Jan

HMRC confirms helpline will be open on self assessment deadline day

HMRC has announced today that the?helpline for self assessment queries will now be open from 9am to 4pm on Saturday 31 January 2026.

29 Jan

UK lenders agree £11 billion SME package

Five major UK banks have agreed a £11 billion lending package aimed at SMEs to support small business growth, the government has announced.

28 Jan

Pubs get 15% business rates relief

Pubs and music venues in England will be given a 15% discount on their business rates bills from April and will not see increases for two years, the government has announced.

27 Jan

UK inflation will fall in 2026

The UK can expect to see big falls in the rate of inflation this year, according to the Resolution Foundation.

26 Jan

Clock ticking on self assessment deadline

With under a week until the self assessment deadline 8.6 million taxpayers have already filed their return for the 2024/25 tax year, according to HMRC.

23 Jan

Figures reveal significant fall in CGT receipts

Data published by HMRC has revealed that Capital Gains Tax (CGT) receipts fell by 8.4% to £13.646 billion in 2025, down from £14.9 billion in 2024.

22 Jan

Tax timebomb poses existential threat to high streets, government warned

Small businesses such as cafes, shops and hairdressers are facing three years of business rates misery with an average 52% hike in bills, analysis from the Federation of Small Businesses (FSB) has revealed.

21 Jan

Inflation rises to 3.4%

Data published by the Office for National Statistics (ONS) has revealed that inflation rose to 3.4% in the year to December.

20 Jan

Government must ramp up its growth strategy, says think tank

Despite falling behind its peers, the UK economy could be on the brink of a turnaround so the government must up rather than run-down its growth strategy, says the Resolution Foundation.

19 Jan

HMRC app sees 65% rise in self assessment payments

HMRC is reminding taxpayers due to submit their self assessment tax returns that there are many different payment options ahead of the 31 January deadline.

16 Jan

Cost hikes denting small business confidence

Small businesses are facing a tough start to 2026 as confidence slumps in the face of cost hikes, research by the Federation of Small Businesses (FSB) has shown.

15 Jan

UK economy grew by 0.3% in November

The UK economy grew by 0.3% in November after car production rebounded and the services sector got a boost, according to data from the Office for National Statistics (ONS).

14 Jan

Employment Rights Act 'will deliver £10 billion in benefits'

The Employment Rights Act will help to deliver an estimated £10 billion boost to the UK economy, the Trades Union Congress (TUC) has stated.

13 Jan

Over 4,800 self assessment scams reported

More than 4,800 self assessment scams have been reported since February 2025, according to data released by HMRC.

12 Jan

Anxiety over business rates hits record high

A poll carried out by the British Chambers of Commerce (BCC) has revealed that business rates anxiety has hit a record high, with 34% of firms worried about their rates.

09 Jan

Trading with EU getting harder, firms say

A survey carried out by the British Chambers of Commerce (BCC) has found that 54% of exporters in the UK think the UK-EU trade deal is adversely affecting their sales.

08 Jan

HMRC app usage surged in 2025

Use of the HMRC app surged last year as millions of users downloaded it for the first time, according to the tax authority's figures.

07 Jan

More clouds gathering over business confidence

Confidence among firms has continued to weaken, with tax remaining the biggest concern, according to the British Chambers of Commerce (BCC).

06 Jan

Millions yet to file self assessment returns

HMRC has warned 5.65 million self assessment taxpayers to file their tax returns before the deadline on 31 January.

05 Jan

Spring Statement set for 3 March 2026

The Spring Statement has been scheduled for 3 March 2026 by the Chancellor of the Exchequer, Rachel Reeves.

02 Jan

Public told to be wary of 'spoofing' scams

Bank TSB has warned the public to be wary of so-called 'spoofing' scams during 'scam season'.

Take me there

Contact Us

Insights

shutterstock_2255932381_740x425_acf_cropped

Cryptoassets (Cryptocurrencies)

2nd January 2026
shutterstock_1586703745_740x425_acf_cropped

Inheritance Tax: Agricultural Property Relief and Business Property Relief

29th December 2025
shutterstock_2625097479_740x425_acf_cropped

Autumn Budget 2025

14th November 2025
HMRC_740x425_acf_cropped

HMRC ramps up scrutiny on personal expenses claimed by sole traders, partners and landlords

16th September 2025

Resources & Tools

Our Resource Centre
Interactive Tools
Latest News for Business

Sign up and stay informed

Sign up

Find Us

Exmouth 01395 279521

Explore

© Copyright Thompson Jenner LLP

More than just accountants...