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Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Switch to tax year basis to start in 2024
Unincorporated businesses will need to report their liabilities in line with the tax year.
Chancellor announces new energy support package
The new support package will launch in April.
MPs demand improvements to HMRC services
HMRC has three months to address “unacceptable” standards.
AAT welcomes repayment claimant protections
Lack of regulation leaves customers at risk and costs the taxpayer millions.
Treasury launches R&D tax reliefs review
The consultation will look into merging the two R&D schemes.
MPs demand better performance from HMRC
HMRC urged to take action as outstanding tax debt totals £42 billion.
Taxpayers reminded to report crypto gains
Cryptoassets are subject to income tax and capital gains tax.
HMRC asked to explain long phone waits
Some taxpayers are waiting for several hours to speak with an HMRC representative.
Chancellor reveals new energy discount for businesses
Businesses will see reduced levels of support from 1 April 2023.
Government urged to continue energy support for businesses
A new support scheme will be announced on Monday 9 January.