Business news
The latest tax and business news, updated daily
You’re right to be looking for resources to keep yourself informed so you can run your business better.
Our daily business news is curated with you in mind. You’ll find the latest economic updates, Government announcements and tax consultations. You’ll also find sector-specific stories and developments, as well as summaries of press releases from the Government and HMRC. Keep yourself in the loop with the world of business, tax and economics.
Time to register for self-assessment, says HMRC
Two weeks to go until the 5 October deadline.Corporate insolvencies reach four-year high
Long-term economic issues impact UK businesses.UK economy shrinks by 0.5% in July
Contraction comes amid wet weather and strikes.HMRC signs £140m digital communication deal
Deal part of HMRC’s bid to ease pressure on phone and post staff.13% of UK adults never plan on retiring, new survey suggests
35% of retirees wish they had planned for retirement earlier.Budget unlikely to contain tax cuts amid inflation
Hunt to focus on lowering inflation in November statement.GDP climbs to pre-pandemic levels
Fears of a broken economy prove to be inaccurate.ATT: R&D changes go against simplification remit
Professionals also warn that commencement date is too soon.High inflation makes autumn tax cuts unlikely, says Jeremy Hunt
Warning comes amid hints of interest rate rises.HMRC recognises that R&D system needs improvements
CIOT remains concerned about HMRC’s ‘volume approach’ to claims.