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Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Tax breaks for startups face withdrawal
SEIS, EIS and VCTs could close in 2025.
Confusion over MTD software pricing
Businesses cite pricing and hidden costs as a concern.
Tax director questions Office for Tax Simplification closure
Former Chancellor closed the professional body “without jurisdiction”.
Accountants call for improved HMRC service
Chancellor urged to prioritise HMRC investment in upcoming Budget.
Advisory fuel rates update
Petrol and diesel rates decrease while electric car rate rises.
Treasury receives £5.4 billion surplus in January
Monthly income tax receipts highest on record.
Experts seek growth plan from Spring Budget
Spring Budget scheduled for 15 March.
Business confidence in service industry falls
Experts call for service industry support.
Trade associations call for green super deduction
Experts hope tax breaks would encourage SMEs to invest in net zero.
PAYE processing time delayed
HMRC needs nine days to process new PAYE direct debits.