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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
HMRC discontinues tax clearance for MVLs
Clearance service withdrawn with immediate effect.
House prices expected to dip by 1% in 2024
Rightmove advises sellers to be mindful of pricing strategies.
UK economy faces stagnation until 2025
Multiple challenges contributing to subdued growth.
FSB joins forces with BoE to safeguard SMEs against counterfeit notes
Cash payments set to surge over the Christmas period.
Manufacturing output declines in three months to November
Industry trends survey showed that production fell to -17%.
Self-assessment threshold increased to £150,000
From 2024/25, PAYE income over £150,000 is exempt.
One in four Brits borrow money over Christmas.
Brits set to borrow £14 million this festive season.
Challenges loom for UK retailers
UK inflation shows signs of retreat ahead of Christmas shopping season.
Cryptoassest tax disclosure service launched
Taxpayers must report capital gains from cryptoassets.
HMRC publishes advisory fuel rates December 2023
AFR for some petrol engines and all diesel engines rise.