Business group outlines five 'key priorities' for removing barriers to trade A third of individuals using mobile contactless payments, data shows New skills co-ordination body must 'keep small firms' needs in mind' Government urged to remove tax burdens for charities IHT receipts reached £2.1 billion between April and June, data shows More than 500,000 individuals caught in 60% tax trap King's Speech unveils raft of bills designed to 'unlock economic growth' Inflation holds steady at 2% Business group calls for King's Speech to drive investment HMRC launches VAT Registration Estimator UK's economic recovery putting down roots British Business Bank launches Growth Guarantee Scheme Business confidence returning to pre-pandemic levels Self assessment payment on account due on 31 July Rachel Reeves named as the UK's first female Chancellor Business ready to work in partnership with Labour government Business push payment fraud hits £83 million Household disposable incomes 'have grown at slow pace since 2010' Next government warned 'you can't be pro-growth without being pro-green' 50% of savers unaware they are charged fees on their pension pots UK economy 'grew by more than previously estimated' at start of 2024 New government 'should change law on hot workplaces' Average earnings 'just £16 a week higher than they were 14 years ago' Business group warns tax rises will be 'difficult to avoid' over next five years Tax gap at record high Rate decision disappointing for small businesses UK's investment performance 'worse than every other G7 country' Inflation at lowest level in almost three years, data shows HMRC 'has not fined a single 'enabler' of offshore tax evasion', data reveals HMRC collected £1.39 billion in unpaid inheritance tax in last five years, data shows Next government 'should extend company car benefit in kind taxation tables' 'Stark economic challenge' facing whoever wins election Next government needs to prioritise falling employment, says think tank Tax changes since 2010 have 'adversely affected families with children' Savers 'dangerously underestimating' minimum cost of retirement Next government will need to build trust between HMRC and self-employed Action needed to help firms 'navigate digital future' Revitalise 'Brand Britain', says CBI Business leader optimism in UK economy rises to highest level in three years Last 15 years 'worst for income growth in generations', says IFS BCC outlines five-point plan for 'immediate action' by new government Bank of England 'has scope to cut interest rates three times', says IMF Government urges workers to check tax codes following 'costly mistake' Generative AI 'could widen corporate inequalities', business group warns Next government will need to partner with business Tax receipts totalled £75.4 billion in April, data shows Inflation falls to lowest level in three years Post-Brexit border checks set to cost UK more than £4.7 billion £235 billion 'cash mountain' sitting in bank accounts with low interest rates New research reveals 'significant shift in businesses' infrastructure priorities' Taxpayers spend total of 800 years waiting to speak to HMRC UK lagging behind in global green growth race HMRC to receive extra £51 million in phone funding Retirees report £119,000 shortfall in pension savings UK economy exits recession as interest rates held 300,000 file tax returns in the first week of the tax year HMRC error means self-employed workers could lose out on state pension New customs rules cause confusion and uncertainty UK economy will see slowest growth in G7 next year Business leaders' economic confidence rose in April, data shows Business group 'concerned' over impact of new customs charges on small firms HMRC launches online voluntary national insurance payment service Business group calls on Ofgem to 'take action' on standing charges HMRC clarifies tax rules for WFH commuting UK borrowing £7.6 billion lower than last year, data shows Inheritance tax receipts hit a record high of £7.5 billion Small firms confused over upcoming import rules HMRC launches MTD for Income Tax pilot Umbrella company regulation in 'precarious position', warns IPSE Business price pressures persist, warns BCC UK inflation falls to lowest level since September 2021 Small firms 'treading water' on investment, BCC warns Government must 'ensure growth among small firms is nurtured', says FSB Only five MTD for ITSA software products ready for testing More than seven million adults still struggling to pay bills, finds FCA IR35 reforms taking their toll on skilled contractors PAC challenges HMRC on governance and accountability of MTD Accessing finance getting more difficult for SMEs Government urged to reform Landfill Tax Government urged to implement reforms to R&D tax system 1.6 million pensioners expected to fall into income tax net, according to research Research suggests SMEs are 'bracing' themselves for tough months ahead AI could replace up to 8 million UK jobs, warns report NMW is the 'single most successful economic policy in a generation', says think tank HMRC's services having a negative impact on SME productivity Small businesses still hampered by late payments, warns FSB Interest rate decision prolongs uncertainty for firms, warns BCC HMRC halts helpline closures HMRC closes self assessment helpline for six months a year Number of company insolvencies rises by 17% New HMRC R&D tax relief guidance 'could be clearer', says ICAEW HMRC urges working families to save on childcare costs New measures aim to 'break the spell' of fraudsters UK economy returns to growth Budget introduces increase in Landfill Tax rates UK workers 'face 20 years of pay stagnation', Foundation warns Think tank warns Budget tax cuts will not compensate for price rises View our 2024 Spring Budget Report Chancellor introduces new ISA in Spring Budget Jeremy Hunt cuts NICs again in the Spring Budget 2024 Spring Budget - the business reaction 2024 Spring Budget - the political reaction 2024 Spring Budget - the economic picture 2024 Spring Budget - what to expect Reports suggest air travel tax could rise in Spring Budget Chancellor 'considering scrapping non-dom tax rules' in Spring Budget HMRC's tough approach to IR35 has 'chilling effect' on economic activity, warns IPSE Chancellor 'considering national insurance cut' in Spring Budget March is top month for Marriage Allowance claims Minister warns 'Tourist Tax' unlikely to be reversed in Spring Budget 500 firms named and shamed for underpaying staff HMRC publishes guidance on MTD for ITSA for sole traders and landlords Less than 3% of individuals paid CGT over decade to 2020, research shows Number of tax fraud cases opened by HMRC fallen by more than half Business group urges Chancellor to outline 'sustainable growth plan' AAT outlines top asks in Budget representation HMRC warns self assessment taxpayers as scam referrals rise UK fell into recession at the end of 2023 Inflation unchanged but remains top concern for business British families facing a 'triple savings challenge', Foundation warns NAO publishes findings on HMRC's monitoring of effectiveness of tax reliefs 'More ambitious approach' needed towards preserving access to cash Pensions income needed to retire rises CBI calls for Chancellor to use Budget to 'build momentum' in the economy Small businesses 'finding it harder to access finance' Record 11.5 million taxpayers file tax returns by 31 January deadline Interest rates stay at 5.25% Employment Allowance should be increased at Spring Budget IMF warns UK government against further tax cuts Clarity on new border checks is vital, says BCC Only a third of UK adults confident with self assessment Think tank warns tax cuts may have to be scrapped due to 'economic bind' Fall in government borrowing 'increases possibility of tax cuts' in Budget Almost four million still to file self assessment returns Small business confidence 'lost ground' in final quarter of 2023 Chancellor suggests taxes may be cut in Spring Budget Almost 45,000 set up HMRC payment plans Raise VAT threshold to £100,000, says FSB UK inflation rises to 4% in December IMF warns AI will affect jobs and worsen inequality BCC warns there are 'uncertain times ahead' for global trade Value of tax penalties surged by 25% between 2022 and 2023, data shows Cost of student loan system 'has increased by more than £10 billion', IFS finds HMRC sends warning to cryptoasset users Over 50s bucking decline in freelance numbers National Insurance contributions cut from 6 January Business confidence up but investment remains flat HMRC targets side hustles as online platforms share information Countdown for 5.7 million to file their 2022/23 self assessment tax returns Spring Budget 2024 date confirmed for 6 March Have you made your financial New Year's resolutions? Don't forget to file your self assessment tax return Trade body issues warning over festive scams Companies House warns late filers Higher earners in Scotland to pay increased rate of income tax UK inflation rate falls to 3.9% More than half of SME owners say they intend to work on Christmas Day Businesses say hybrid working is here to stay Bank of England holds interest rates at 5.25% UK economy shrank in October 98% of Covid fraud tip-offs not being investigated, ministers admit Government urged to 'firm up foundations for growth' Business group welcomes energy regulator's proposals to protect firms Cash usage rises as result of cost-of-living crisis HMRC updates IR35 compliance guidance Research finds UK is 'hub for innovation' BCC warns red tape, rising costs and regulation 'holding back exports' Directors' confidence 'stuck in a rut', IoD finds Private sector activity falls in November Businesses still struggling to understand net zero target Autumn Statement spending plans represent 'very big fiscal risk', OBR warns Utility bills 'main drivers of rising costs' for many small firms, FSB finds Report finds HMRC has 'lost sight of putting taxpayers first' in relation to MTD Autumn Statement cuts 'won't stop tax revenues rising to highest ever levels' Autumn Statement national insurance changes 'ease burden on strivers' 2023 Autumn Statement - what to expect Chancellor delivers tax cuts with Full Expensing made permanent 2023 Autumn Statement - the economic picture 2023 Autumn Statement - the business reaction 2023 Autumn Statement - the political reaction Cutting inheritance tax 'not as simple as its proponents suggest', warns IFS Chancellor unveils Back to Work plan Nearly 100,000 taxpayers use HMRC's app to pay self assessment tax bills Small firms facing 'sky rocketing business rates bills', warns FSB Inflation falls to two-year low of 4.6% Government agrees 'historic' commitment to crack down on crypto tax evasion UK economy stagnates in third quarter of 2023 UK requires 'more certain tax system', says CIMA UK growth 'in the doldrums', warns think tank Business groups respond to policies announced in 2023 King's Speech Real Living Wage increases by 10% Business group calls for AI training for new skills to be made tax deductible Interest rates held at 5.25% 'Digital revolution' priorities for SMEs outlined by BCC Insolvencies on track for worst year since 2009 Private sector growth prospects freeze over this winter SMEs involved in banking disputes have 'nowhere to turn', FSB warns Government report warns AI could increase risk of cyber-attacks HMRC responds to Treasury Committee's call for review into tax reliefs Chancellor must use Autumn Statement to 'cement commitment to small firms' Government 'considering extending mortgage guarantee scheme' Self assessment deadline nears for paper filers Chancellor in a 'fiscal bind' ahead of Autumn Statement, says IFS Scams warning issued to 12 million self assessment taxpayers Rate of inflation remained steady in September, data shows Online platforms should sign up to Prompt Payment Code, says FSB Hybrid and remote working here to stay, says IoD FRC outlines reporting expectations amidst cost-of-living crisis UK economy grew in August, official data shows IMF rejects criticisms of its latest UK growth forecast UK set for biggest tax rise in at least 50 years Many firms still facing recruitment problems, BCC finds HMRC tax error sees thousands overcharged on student loans Chancellor urged to 'unleash green markets to deliver prosperity' FSB responds to government's proposals to tackle late payments Chancellor confirms rise in National Living Wage from April 2024 UK economy 'grew faster since start of Covid pandemic than originally thought' BCC unveils proposals aimed at creating a more efficient business investment system Less than 1% of small firms receiving net zero help Chancellor planning ISA 'overhaul', reports suggest Firms 'will look to Autumn Statement for measures to help with rising operating costs' IoD outlines 'top five policy recommendations' to help drive economic growth Interest rates held at 5.25% HMRC urges nearly 430,000 young people to claim Child Trust Fund cash UK inflation rate falls to 6.7% Autumn Statement to be a 'watershed moment' for small business support IoD reacts to changes to Corporate Governance Code Number of cash transactions rises for first time in a decade Government slow to recover over £1 billion Covid grant fraud UK economy shrank in July, official data shows Run-up to General Election to be marred by 'continued stagnation' of living standards SMEs 'struggling to access finance', says ACCA Business group calls for 'urgent' new legislation to safeguard workers against AI 'Fragile' UK economy 'stuck in first gear', BCC warns Government confirms 2023 Autumn Statement date Individuals warned scammers are impersonating finance watchdog BCC calls for government to 'unlock power of British business' FSB makes Christmas wish list for UK tourism, hospitality and retail Cyber security centre warns businesses about cyber chatbot risks Business needs an 'integrated transport plan' from government Half a million pound pay rise given to FTSE 100 CEOs, research shows Over a third of households across England will pay higher energy bills this winter Deadline for extending Child Benefit claims for teenagers is 31 August HMRC should increase rewards for whistleblowers, says law firm More than 550,000 SMEs 'struggling to pay tax bills' Three 'key changes' need to be made to reach net zero, says BCC Government launches Business Climate Hub Another million savers to be hit with tax on interest Inflation falls to 6.8% in July UK wages grow at record rate UK importers feeling geopolitical pressures UK economy grows by 0.2% in second quarter of 2023 UK set for five years of lost economic growth, warns think tank HMRC revises late payment interest rates Support for small businesses 'must not be left to fall through cracks', warns FSB HMRC collects record CGT receipts totalling £16.7 billion Bank of England raises UK interest rates to 5.25% Recruitment key to fixing inflation, says BCC Tax down on pints but up on wines and spirits in Alcohol Duty overhaul MPs call for UK tax system to be overhauled