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.
SMEs responsible for 56% of tax gap
Tax gap rises by 5% to £36bn.HMRC raises late payment interest rates
Interest on tax debt rises to 7.5%.HMRC defends decision to close self-assessment helpline
Treasury says reasons for temporary closure “not good enough”.Alcohol duty changes could raise extra £3bn
One month until new alcohol duty system introduced.HMRC raises late payment interest rates
Interest on tax debt rises to 7.5%.CIOT: Clearer guidance needed on cryptoassets
Professional bodies propose recommendations to HMRC.Thousands fined despite not owing tax
Low earners account for 40% of late-filing penalties.ICAS: UK needs tax incentives to drive net zero targets
Tax leaders call for sustainability reporting standards.HMRC accused of ‘poor complaint handling’
Poor service levels drive customer complaints.Tax gap hits £36bn in 2021/22
Small businesses responsible for half the tax gap.
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