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15/07/2026
Taxpayers urged to get ahead of July self assessment payment deadline
HMRC is reminding millions of self assessment taxpayers to prepare for the 2025 to 2026 tax year second payments on account 31 July deadline.
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Government steps up drive to reconnect young people with £1.6 billion
The government is stepping up its efforts to reconnect young people with unclaimed savings in Child Trust Funds (CTFs).
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.
09/07/2026
Tax gap up to more than £59 billion
The tax gap rose to a record high of £59.2 billion in cash terms for 2024/25, according to the latest data from HMRC.
Gen Zs wish they had learnt tax basics
Four in ten of Generation Z say they wish they had learnt the basics about tax when they were younger, according to data from HMRC.
Brexit burden must be cut, says BCC
The UK government must set out a clear plan to ease the burdens that Brexit has placed on business, says the British Chambers of Commerce (BCC).
24/06/2026
HMRC boosts funding for some taxpayers
More than £11 million in funding has been made available to taxpayers struggling with their tax affairs.
‘Uncertain tax treatment’ 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.
HMRC mileage rate increased to 55p
The headline approved mileage rate has increased to 55p per business mile for the first 10k miles, with effect from 6 April 2026. For each business mile over 10k miles, the approved mileage rate remains at 25p.
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