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The latest developments in the worlds of tax, business and finance.
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09 Jun 2025
HMRC launches new online help for compliance checks
HMRC has launched a new online interactive tool to help guide both businesses and individuals through tax compliance checks.
09 Jun 2025
Record numbers file assessment in first week of new tax year
Almost 300,000 people filed their tax return in the first week of the new tax year, setting a new record, HMRC has revealed.
09 Jun 2025
Tax and accounting bodies back e-invoicing adoption
The UK's professional tax and accounting bodies have backed the adoption of e-invoicing in their responses to a government consultation.
09 Jun 2025
HMRC cuts late payment interest rate
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.
09 Jun 2025
Almost half of sole traders unprepared for MTD changes
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.
09 Jun 2025
New cryptoasset rules aim to protect consumers
The government is introducing legislation to regulate cryptoassets and improve consumer protection for the asset class.
09 Jun 2025
One in four employers plan to make redundancies in next quarter
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).
09 Jun 2025
Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 June 2025.
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