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Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Inflation remains a key concern for business
Rising tax burdens and energy bills are also impacting profitability.
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.