Latest News for Business

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06 Jul 2026

Over 110,000 taxpayers yet to register for MTD

More than 110,000 unrepresented taxpayers who must register for Making Tax Digital (MTD) from April 2026 have still not done so, according to the Low Incomes Tax Reform Group (LITRG).

06 Jul 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 uncertainty, compliance burdens and tax disputes according to the CIOT.

06 Jul 2026

Phased rollout of payrolling for employee benefits a 'welcome step'

The decision to phase in the mandatory payrolling of benefits in kind is a 'welcome step' to allow employers and payroll software providers more time to prepare for significant changes, says the Association of Taxation Technicians (ATT).

06 Jul 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.

06 Jul 2026

Hospitality sector calls for 10% VAT rate

Hospitality businesses, teams and organisations are being urged to sign a new petition calling for the government to cut the VAT rate for the sector to 10% by UKHospitality.

06 Jul 2026

Small businesses to benefit from strengthened debt advice services

Small businesses and the self-employed struggling with their finances to receive a helping hand as debt advice services are strengthened, the Treasury has announced.

06 Jul 2026

HMRC mileage rate increased to 55p

The headline approved mileage rate has increased to 55p per business mile for the first 10,000 miles, with effect from 6 April 2026.

06 Jul 2026

Latest guidance for employers

HMRC has published the latest issue of the Employer Bulletin.

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