This section contains the latest business news stories.

Chancellor 'considering scrapping non-dom tax rules' in Spring Budget

04 Mar 2024

Chancellor Jeremy Hunt is reportedly considering scrapping the non-dom tax status in the upcoming Spring Budget.

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HMRC's tough approach to IR35 has 'chilling effect' on economic activity, warns IPSE

01 Mar 2024

HMRC's tough approach to enforcing the IR35 rules is having a 'chilling effect' on legitimate economic activity, warns the Association of Independent Professionals and the Self-Employed (IPSE).

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Chancellor 'considering national insurance cut' in Spring Budget

29 Feb 2024

Reports have suggested that Chancellor Jeremy Hunt is considering cutting national insurance in the Spring Budget on Wednesday 6 March.

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March is top month for Marriage Allowance claims

28 Feb 2024

HMRC has revealed that March is the most popular month for Marriage Allowance applications, with almost 70,000 couples applying in the third month of 2023.

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Minister warns 'Tourist Tax' unlikely to be reversed in Spring Budget

27 Feb 2024

The so-called 'Tourist Tax' is unlikely to be reversed in the Spring Budget, Nigel Huddleston, Financial Secretary to the Treasury, has warned.

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500 firms named and shamed for underpaying staff

26 Feb 2024

The government recently named and shamed more than 500 UK employers for underpaying their employees.

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HMRC publishes guidance on MTD for ITSA for sole traders and landlords

23 Feb 2024

HMRC recently published guidance on the Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) requirements for sole traders and landlords.

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Less than 3% of individuals paid CGT over decade to 2020, research shows

22 Feb 2024

Research carried out by the London School of Economics has revealed that less than 3% of adults in the UK paid capital gains tax (CGT) over the last decade to 2020.

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Number of tax fraud cases opened by HMRC fallen by more than half

21 Feb 2024

The number of civil investigations into alleged tax fraud has fallen by more than a half, data has shown.

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Business group urges Chancellor to outline 'sustainable growth plan'

20 Feb 2024

The British Chambers of Commerce (BCC) has urged Chancellor Jeremy Hunt to use the Spring Budget to outline a 'sustainable growth plan'.

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AAT outlines top asks in Budget representation

19 Feb 2024

The Association of Accounting Technicians (AAT) has outlined its wishlist for the upcoming Spring Budget on 6 March.

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HMRC warns self assessment taxpayers as scam referrals rise

16 Feb 2024

HMRC is warning people to be wary of bogus tax refund offers following the self assessment deadline on 31 January.

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UK fell into recession at the end of 2023

15 Feb 2024

The UK economy fell into recession during the final three months of last year, according to the Office for National Statistics (ONS).

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Inflation unchanged but remains top concern for business

14 Feb 2024

UK inflation remained unchanged in January at 4% as food prices fell, according to the latest data from the Office for National Statistics (ONS).

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