News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
BoE holds interest rates amid rising inflation
UK interest rates unchanged at 4.75%.UK businesses cut staff at record pace
Rising costs and weak demand hit employment levels.R&D relief payments decline for SMEs
Stricter rules and fraud clampdowns hit small claims.HMRC launches tool for side hustle tax checks
Find out if your extra income requires tax reporting.UK businesses using tax havens halves
Fewer companies avoid UK tax through offshore schemes.HMRC issues guidance on foreign tax relief claims
Taxpayers urged to check double tax agreements.GDP falls but accountancy sector thrives
Recession risks grow, but accountants defy decline.R&D tax relief falls for SMEs
Fraud clampdown and reduced claims impact SME relief uptake.HMRC shares advice to manage festive finances
Simple steps to keep holiday spending under control this year.HMRC introduces online tool for overlap relief calculation
New resource supports accurate tax reporting.