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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Thousands overpay IHT on life insurance policies
£280m may have been paid unnecessarily in 2018/19.
Widening tax gap casts doubt over MTD
HMRC misses out on £35bn in uncollected taxes.
Average UK house price growth slows to 8%
Growth slows as SDLT holiday tapers off.
Online service to transfer funds to SMEs launched
Online service to simplify apprenticeship levy funds allocation process.
Shareholders and directors hit by dividend tax rate rise
The three dividend tax rates will increase for the first time since the 2010/11 tax year.
Employers and employees to pay 1.25% more NICs
Rise in National Insurance to fund development of the health and social care tax.
Inflation rises in August to 3.2%
End to pandemic-related subsidisation pushes up food prices.
Economic recovery stalls in July
GDP grows by 0.1% in July 2021.
Registration service opens to non-taxable trusts
Taxable trusts receive extended registration period.
Sunak announces date for Autumn Budget
Spending Review to be held alongside Autumn Budget.