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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.
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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).
11/05/2026
HMRC reminds parents to extend Child Benefit claims
HMRC is reminding parents of 16-19-year-olds to extend their Child Benefit claim if their teenager is staying in certain types of education or training after their GCSEs or National 5s.
Small firms pushed out of EU markets by red tape and rising costs
Red tape, rising costs, and complex rules are pushing small firms out of EU markets, new research by the Federation of Small Businesses (FSB) has warned.
‘Disproportionate tax burden’ closing two pubs a day
A total of 161 pubs closed across Britain in the first three months of 2026, an equivalent of almost two a day, according to figures from the British Beer and Pub Association (BBPA).
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