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Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Millions of taxpayers still to file tax returns
There’s less than one month before the self-assessment deadline.
R&D relief guidance under review
Reforms to R&D come into effect on 1 April.
Slow retail growth expected for 2023
Number of shop closures hits a five-year high.
Over 3,000 tax returns filed on Christmas Day
Over 22,000 self-assessments were submitted between 24 and 26 December.
HMRC raises tax debt interest rates
The 0.5% increase will come into effect on 6 January.
Charity Commission expands annual return question set
The 2023 annual return has been updated in response to sector feedback.
Total tax take falls in November
Tax receipts were down by £5.3 billion compared to October 2022.
Spring Budget set for 15 March 2023
The budget will be accompanied by a forecast from the OBR.
Help to grow digital scheme axed
The scheme is set to end just over a year after its launch.
MTD for ITSA delayed for two years
The decision follows weeks of urgent calls from industry leaders.