HMRC will reduce the interest rate it charges on late tax payments to 7.25% from 18th November, following the recent cut in ...

HMRC will lower interest on late tax payments to 7.25% from 18th Nov, following Bank of England’s base rate cut.

The 2024 Autumn Budget saw significant tax increases to Capital Gains Tax, Business Asset Disposal Relief, National Insurance ...

Some of Britain’s biggest retailers have warned the chancellor that last month’s budget will stoke inflation in the economy ...

written by Kyle Eaton, money.co.uk business insurance expert 13 th Nov 24 ... even if you mix employment and self-employment. This allows HMRC to adjust your tax code accordingly and know to expect a ...

Employment growth within Britain's small and medium-sized enterprises (SMEs) experienced a significant downturn last month, ...

On 7 June 2024, the Office for Statistics Regulation (OSR) introduced the new accredited official statistics badge, to denote official statistics that have been independently reviewed by the OSR.

British wage growth excluding bonuses fell in the third quarter to its lowest in over two years, official data showed on ...

U.K. wages rose at a slower pace in September, opening the way for further rate cuts from the Bank of England.

The UK’s hospitality sector said a planned tax hike would force businesses to “drastically cut jobs” and put some at risk of closing down, the latest in a string of warnings against Chancellor Rachel ...

For self-employed individuals, Universal Credit and other benefits usually consider profit (after expenses) as income. However, classifying profit as income can have a negative impact on a business.

The tax-free ISA allowance for the 2024/2025 tax year remains at £20,000, covering cash ISAs, stocks and shares ISAs, and ...