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21/05/2025
Sole traders unprepared for MTD
Almost half of UK sole traders feel unprepared for upcoming Making Tax Digital for Income Tax (MTD) for Income Tax changes, according to research conducted by IRIS Software
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One in ten people have no cash savings
A survey carried out by the Financial Conduct Authority (FCA) has found that one in ten individuals have no cash savings at all.
Reminder to extend Child Benefit online
Parents of 16 to 19-year-olds will receive reminders from HMRC to extend their Child Benefit claim by 31 August if their child is staying in education or training or payments will automatically stop.
14/05/2025
HMRC criticised for tax refund delays
HMRC has come under fire for delays in processing tax refunds.
Record numbers file tax return
Almost 300,000 people filed their tax return in the first week of the new tax year, setting a new record, HMRC has revealed.
Business confidence rises
Data published by the Institute of Directors (IoD) has revealed that confidence amongst business leaders has risen to its highest level since before the 2024 Autumn Budget.
07/05/2025
HMRC online inactive help for Compliance
HMRC has launched a new online interactive tool to help guide both businesses and individuals through tax compliance checks.
Government warned over ‘lost generation’
The government should urgently tackle the jobs crisis among young people or it will risk facing a ‘lost generation’, according to the British Chambers of Commerce (BCC).
Lack of trust and expertise in AI
A lack of trust in outcomes and a shortage of expertise at board level are limiting the adoption of AI in UK businesses, according to research from the Institute of Directors (IoD).
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