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Business News

The latest Business and Finance news making the headlines in the UK

Get tax affairs back on track if you missed the self assessment deadline

The Low Incomes Tax Reform Group (LITRG) is urging the estimated one million taxpayers who failed to file their tax return on time to get their tax affairs back on track.

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Apprenticeship system reform must go further

The government must reform the apprenticeship system to make it fit for the 21st Century, according to a new report published by the British Chambers of Commerce (BCC).

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Sole traders and landlords given MTD warning

Sole traders and landlords have been warned they need to act now to be ready for Making Tax Digital (MTD) for Income Tax.

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Further rate cuts crucial to support growth, says BCC

More cuts to interest rates will be needed to support economic growth, says the British Chamber of Commerce (BCC).

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EU reset must reverse trade slump, says BCC

The government must tackle the big issues around trading with the EU this year if it wants to reverse the post-Brexit trade slump, says the British Chambers of Commerce (BCC).

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One million miss self assessment deadline

An estimated one million taxpayers missed the self assessment deadline for the 2024/25 tax year, according to HMRC.

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Business confidence jumps in January

The confidence of business leaders in both their own organisations and the wider UK economy rose markedly in January, according to data from the Institute of Directors (IoD).

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Making Tax Digital for Income Tax biggest tax change since self assessment

The introduction of Making Tax Digital (MTD) for Income Tax this April will be the biggest change to the UK's tax system since self assessment, says the Low Incomes Tax Reform Group (LITRG).

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HMRC confirms helpline will be open on self assessment deadline day

HMRC has announced today that the?helpline for self assessment queries will now be open from 9am to 4pm on Saturday 31 January 2026.

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