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Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Government extends VAT exemption for pharmacists
New zero-rating rules apply from 1 May.
SME confidence increases in 2023
Confidence improves across all major sectors.
HMRC launches IR35 review
Consultation will focus on risks of double taxation.
Government writes off nearly £1bn in Covid grants
Public Accounts Committee criticises business department.
HMRC expands text message trial
The service will redirect more callers to digital services.
Tax take soars by almost 10%
Total receipts for 2022/23 hit £786.6 billion.
IFS launches new pensions review
There are concerns people aren’t saving enough.
MTD for VAT mandatory from May
The transitional online portal will be closed next month.
Online VAT portal to close in May
Businesses will need to follow MTD for VAT rules.
HMRC explains termination payment rules
Employers should take care when finalising severance packages.