Business news
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Importers alter supply chains due to geopolitics
Importers particularly concerned about relations with China.Interest rates rise again, despite fall in inflation
Bank of England increases rate to 5.25%.Overpayment of tax on pensions hits £56m
Average tax reclaim form totals £3.5k.R&D claims to come under greater scrutiny
Additional information on R&D projects now required.Accounting groups express concern about tax digitalisation plan
Making Tax Digital is delayed until 2026.Tax debt hits £44.5bn in June
More people are struggling to pay their tax bill.Bank of England hikes interest rates to 5.25%
Increase takes rates to their highest since 2008.Bank of England hikes interest rates to 5.25%
Increase takes rates to their highest since 2008.Retail trading conditions remain weak
July sees sharp decline in retail sales volumes.CIOT: taxpayers using pilots must not be disadvantaged
Tax institute flags concerns following HMRC consultation.