Latest News for Business

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09 Aug 2026

Don't ignore Simple Assessment letters, says HMRC

HMRC has urged customers not to ignore Simple Assessment letters for the 2025/26 tax year.

09 Aug 2026

Government announces VAT will be cut from household electricity bills

The government recently announced that VAT will be cut from household electricity bills from 1 October in time to impact the next Ofgem price cap.

09 Aug 2026

HMRC reminds people with side hustles to register for self assessment

HMRC is reminding people with side hustles that they will need to tell it if they earn more than £1,000.

09 Aug 2026

Government unlocks major finance package for small businesses

Significant reforms to small business finance have been announced by the government.

09 Aug 2026

Government steps up drive to reconnect young people with £1.6 billion in unclaimed savings

The government is stepping up its efforts to reconnect young people with unclaimed savings in Child Trust Funds (CTFs).

09 Aug 2026

Targeted subsidies are needed for firms to tackle Britain's NEETs crisis

Targeted subsidies, rather than expensive tax breaks, are the most cost-effective way of supporting employers to get young people into work, according to Resolution Foundation analysis.

09 Aug 2026

HMRC still has a long way to go on customer service, says CIOT

HMRC's performance data for 2025/26 shows it has made progress on customer service but still has a way to go, according to the Chartered Institute of Taxation (CIOT).

09 Aug 2026

Prime Minister cuts business rates for pubs, clubs and music venues

Prime Minister Andy Burnham has slashed business rates for pubs, clubs and live music venues in England by 20%.

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