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01/06/2026
Approved Mileage Allowance Payments (AMAPs), Mileage Allowance Relief (MAR) and self-employed mileage
The government has announced increases to AMAPs, MAR and self-employed mileage rates, which will be backdated to 6 April 2026. This is the first uprating of the mileage rates in 15 years.
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Crime against business putting growth at risk
Decisive action is needed to tackle the ‘hidden threat’ of crime against businesses damaging growth, according to the British Chambers of Commerce (BCC).
Temporary reduced rate of VAT for children's meals, tickets and family attractions
The government is helping families this summer with the cost-of-living crisis by cutting VAT on attractions and meals out.
28/05/2026
Record number of taxpayers file self assessment in April
A record 737,891 taxpayers filed their 2025/26 self assessment returns in April, according to figures from HMRC.
Late payment legislation is ‘historic’ moment
The UK government’s formal commitment to legislation to stamp out late payments is an historic moment, according to the Federation of Small Businesses (FSB).
UK growth forecast upgraded by IMF but risks remain
The International Monetary Fund (IMF) has upgraded its forecast for the UK's growth this year but warned the Iran war could hit the economy.
20/05/2026
ICAEW encourages taxpayers to sign up to Making Tax Digital
Taxpayers who are required to use MTD for Income Tax from April 2026 should sign up now if they haven’t done so already, says the Institute of Chartered Accountants in England and Wales (ICAEW).
Iran war could cost Treasury up to £8 billion a year
Prolonged conflict in the Middle East could cost the Treasury up to £8 billion a year through higher debt interest payments and lost tax revenue, warns the Institute for Public Policy Research (IPPR).
Government must fix ‘broken business rates’
The government must take the chance to fix the UK’s broken business rates system, says the British Chambers of Commerce (BCC).
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