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A round up of topical news articles.
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09 Jun 2025
HMRC has launched a new online interactive tool to help guide both businesses and individuals through tax compliance checks.
Almost 300,000 people filed their tax return in the first week of the new tax year, setting a new record, HMRC has revealed.
The UK's professional tax and accounting bodies have backed the adoption of e-invoicing in their responses to a government consultation.
HMRC will reduce late payment and repayment interest rates from 28 May following the 0.25% cut in the base rate earlier in the month.
Almost half of UK sole traders feel unprepared for upcoming Making Tax Digital (MTD) for Income Tax changes, according to research conducted by IRIS Software.
The government is introducing legislation to regulate cryptoassets and improve consumer protection for the asset class.
The number of employers expecting to increase staff numbers in the next three months has fallen to a record low outside of the pandemic, according to research from the Chartered Institute of Personnel and Development (CIPD).
New company car advisory fuel rates have been published and took effect from 1 June 2025.
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14 May 2025
If an individual meets the qualifying income test, they will be mandated to comply with the Making Tax Digital for Income Tax (MTD for IT) Regulations. Any income they receive from jointly held property will then be subject to the MTD for IT rules but how will the rules apply?
09 May 2025
It’s a sobering fact: around 50% of small businesses fail within their first three years.