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16/12/2025
Most sole traders are not ready for MTD
The majority of sole traders do not have a clear understanding of Making Tax Digital (MTD) for Income Tax, according to research from IPSE, the self-employed association.
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Still time to start self assessment returns
Although there are less than two months until the self assessment deadline there is still time to start an accurate return, says HMRC.
Covid fraud cost UK taxpayer £10.9 billion
Taxpayers lost £10.9 billion to fraud and error as the UK government’s pandemic response left the front door open to fraud, according to an independent report.
09/12/2025
MTD penalties waived for first year of Income Tax
Self assessment taxpayers due to join Making Tax Digital (MTD) for Income Tax next April will not face penalties if late filing quarterly updates.
E-invoicing will be fundamental change for VAT-registered businesses
The mandatory introduction of e-invoicing for all VAT-registered businesses selling to UK business customers from April 2029 will be a fundamental change, says the CIOT.
Sensible solution on unfair dismissal will deliver faster improvements
Reducing the qualifying period for unfair dismissal protection is a sensible move, says the Resolution Foundation.
02/12/2025
Chancellor raises £26 billion in Budget
Chancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget.
AI giving risky advice, warns Which?
AI tools including ChatGPT, Gemini and Meta AI are giving inaccurate, unclear and risky advice which could prove costly if followed, warns consumer champion Which?
Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 December 2025.
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