News
Stay up to date on all of the latest business and tax happenings.
Business News
26 Jun 2026
Government fraud squad hunts down Covid loan scams
A new counter-fraud squad has launched investigations against those who defrauded the public during the Covid pandemic, the Treasury has announced.
25 Jun 2026
Tax gap up to more than £59 billion
The tax gap rose to a record high of £59.2 billion in cash terms for 2024/25, according to the latest data from HMRC.
24 Jun 2026
Brexit burden must be cut, says BCC
The UK government must set out a clear plan to ease the burdens that Brexit has placed on business, says the British Chambers of Commerce (BCC).
23 Jun 2026
More than 100,000 taxpayers yet to register for MTD
Analysis carried out by the Low Incomes Tax Reform Group (LITRG) has suggested that just over half of 216,000 unrepresented taxpayers who must register for Making Tax Digital (MTD) from April 2026 have still not done so.
22 Jun 2026
HMRC urged to understand scale of pension tax relief errors
The Low Incomes Tax Reform Group (LITRG) has urged HMRC to establish the scale of pension tax relief errors that employers make.
19 Jun 2026
Tax system doesn't support entrepreneurs, MPs warn
Over 90 MPs have warned Chancellor Rachel Reeves that the UK tax system doesn't support Britain's entrepreneurs.
18 Jun 2026
Financial losses from scams hit £1.3 billion a year
Cases of fraud in the UK have surged, with almost £1.3 billion stolen by scammers in 2025, according to UK Finance.
17 Jun 2026
UK inflation rate remains at 2.8%
The UK's inflation rate remains at 2.8% in the year to May, according to the latest data from the Office for National Statistics (ONS).
16 Jun 2026
Expansion of 'uncertain tax treatment' rules cause for concern
Government plans to extend the rules requiring some taxpayers to declare 'uncertain' tax positions risk creating more compliance burdens and tax disputes according to the Chartered Institute of Taxation (CIOT).
15 Jun 2026
Pension saving plummets when employees move into self-employment
More than three-quarters of employees who consistently saved into a pension stop doing so when they move into self-employment, according to research from the Institute for Fiscal Studies (IFS).
12 Jun 2026
UK economy contracts due to Middle East conflict
The UK's economy contracted by 0.1% in April due to the impact of the war in Iran, according to data from the Office for National Statistics (ONS).
11 Jun 2026
Employers need to show workforce flexibility for World Cup
Employers are being urged to implement clear policies on staff time off, sickness absence, and flexible working as the World Cup gets underway.
10 Jun 2026
HMRC boosts funding for taxpayers needing extra support
More than £11 million in funding has been made available to taxpayers struggling with their tax affairs.
9 Jun 2026
Business costs at tipping point, warns CBI
The UK economy has the 'makings of a true growth story' but that a record high business tax burden is it at risk, warns the Confederation of British Industry (CBI).
8 Jun 2026
Small firms to receive funding boost to business debt advice services
The Treasury recently announced that small businesses and the self-employed who struggle with their finances will receive a helping hand via a new £4 million funding boost to business debt advisory services over the next three years.
