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14/05/2025
HMRC criticised for tax refund delays
HMRC has come under fire for delays in processing tax refunds.
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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).
01/05/2025
Making Tax Digital warning
Sole traders and landlords with an income over £50,000 have been warned that there is less than a year before they will be required to use Making Tax Digital for Income Tax (MTD for IT).
IHT receipts reach record £8.2 billion
Figures published by HMRC have revealed that Inheritance Tax (IHT) receipts reached a record £8.2 billion in the 2024/25 tax year as a result of rising asset values.
Chancellors plans for British Businesses
Chancellor Rachel Reeves has said British businesses will be supported in trading freely as she takes action on practices that undercut fair trade, such as the dumping of cheap goods into the UK.
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