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January 2025

Government to 'unleash' AI to boost growth
CIOT calls on government to rewrite unfair VAT rules
Optimism wanes as Budget measures affect investment
92% of employers 'concerned about Employment Rights Bill'
Significant amount of businesses worried about tax hikes
5.4 million yet to file their self assessment tax return
Business leaders remain cautious on the outlook for the year ahead
Government must reset EU trade relations, urges BCC
Over 40,000 file self assessment over the Christmas break

December 2024

Have you made your financial New Year's resolutions?
Don't forget to file your self assessment tax return
Insurer issues Christmas scams warning
More entrepreneurs needed 'to unlock opportunities'
£1.31 billion paid in Stamp Duty in November
UK interest rates held at 4.75%
Economic slowdown affecting employment
Spring Forecast to take place in March
HMRC urged to improve low resolution rates
Cash usage on the rise for second successive year
UK economy shrinks for second month in a row
Chancellor must 'confront range of challenges' in Spending Review
HMRC urges self assessment taxpayers to spread the cost
Number of taxpayers caught in 60% 'tax trap' rises
Public funds fraud cost taxpayers £81 billion
No tax changes for online sellers
Interest rates 'set to be higher for longer'
Cyber-attacks cost UK businesses £44 billion in last five years
Small businesses counting the cost of potholes
Optimism amongst business leaders 'approaching Covid lows'

November 2024

Business groups respond to Get Britain Working white paper
CBI calls for action to 'turbocharge growth'
Scams warning issued as self assessment deadline looms
BCC calls for industrial strategy that benefits all parts of UK
Intergenerational transfers 'having profound impact on people's economic prospects'
HMRC late payment interest cut by 0.25%
Retailers write to Chancellor over Autumn Budget measures
Higher energy bills push UK inflation to 2.3%
Pension reforms 'must unlock growth'
Permanent business rate cut for high street on the way
UK growth slowed in third quarter of this year, data shows
Customs procedures 'still holding back UK exports', survey finds
Hybrid working the 'new normal' for a quarter of adults
More than 400,000 student loan customers use digital refund service
Business frustrated at halt in rollout of digital trade platform
Interest rates cut to 4.75%
Almost half of UK adults have not written a will
Government bank referral scheme 'secured loans for just one in 20 companies'
Employer NICs rise may have unforeseen consequences
Chancellor's Budget tax increases 'will boost growth sustainably', says IMF
Budget 'first step of what's needed to lift living standards', says think tank

October 2024

View our 2024 Autumn Budget Report
Chancellor uses Autumn Budget to increase Employment Allowance
Chancellor promises to drive growth and raises £40 billion in taxes
2024 Autumn Budget - the political reaction
2024 Autumn Budget - the business reaction
2024 Autumn Budget - the economic picture
2024 Autumn Budget - what to expect
HMRC services need Budget investment
More than £570 million stolen by criminals in first half of 2024
Real Living Wage goes up by 5%
Self assessment deadline nears for paper filers
Raising CGT rates would not deter investment, says IPRR
Government launches British Infrastructure Taskforce
Government 'planning inheritance tax increases in Budget'
Business groups raise concerns over potential NI rise
HMRC agree to make things easier with paper tax returns
UK inflation falls to lowest rate since 2021
10,000 boost State Pension with online payments
Make Work Pay threatens employment and growth, warns FSB
Chancellor 'will need to increase taxes or borrowing' at Budget, says IFS
Budget will be 'pivotal moment' for new government
Chancellor must tackle barriers to growth in Budget
'Strong case for capital gains tax reform', says IFS
UK Finance urges government to deliver economic growth in Budget submission
Bank of England hints interest rates could fall more quickly
New Growth and Skills Levy must end 'cycle of failure'
Business confidence fell in September, data reveals
New tipping law comes into force

September 2024

Government cracks down on late payments
Government announces apprenticeship reforms
UK economic growth 'robust' in 2024, think tank says
Young people reminded to reclaim government savings
Chancellor hits the right notes in Conference speech
HMRC urged to take action to 'defuse side hustle time bomb'
Interest rates held at 5%
Savers added £42 billion into cash ISAs in first half of 2024, data shows
Inflation rate holds steady in August at 2.2%
Billion-pound tax bombshell to hit hospitality, warns trade body
IPSE calls for fairer off-payroll rules in Budget
IoD outlines key policy changes in Budget submission
Reforms to IHT, CGT and NI 'could raise over £20 billion a year'
UK economy unexpectedly flatlines for second month in row
£5.5 billion lost as a result of tax evasion, report finds
Business group urges government to fix 'antiquated' business rates rules
Scam complaints reach highest ever level, data shows
Pension pot needed for basic retirement rises to nearly £110,000
SME energy bills predicted to remain above pre-crisis levels
Business leader confidence fell in August, data reveals
Scrap fuel duty cut, says RAC

August 2024

HMRC sends 'nudge letters' to crypto investors
HMRC debunks top five self assessment 'myths'
Fall in small business confidence as employment costs take a toll, warns FSB
UK has record number of self-employed workers aged 60 or over
Homebuyers paid £1.2 billion in stamp duty in July, data reveals
2024 could see 'record number' of company creations
Extend Child Benefit for teenagers by the end of August
Fake HMRC letters target small businesses
Freelancers want to see fairer, simpler tax system from Autumn Budget
Working parents face rising childcare costs during summer holidays
UK economy grew between April and June, data shows
Rate of inflation rises for first time this year
£19 billion in unpaid taxes 'unlikely to be recovered'
Government contracts 'out of reach' for SMEs, business group warns
More than 110,000 small firms 'at risk of bankruptcy'
HMRC late payment interest cut by 0.25%
Chancellor refuses to rule out CGT rise
HMRC failing on responsiveness, says Charter report
High streets must be helped to evolve, says FSB
Bank of England cuts interest rates to 5%
Digital trade deal hailed as big win for business

July 2024

HMRC to send Simple Assessment tax statements to pensioners
Chancellor announces Autumn Budget date
320,000 individuals 'pushed into poverty' as result of interest rate rises
Business group outlines five 'key priorities' for removing barriers to trade
A third of individuals using mobile contactless payments, data shows
New skills co-ordination body must 'keep small firms' needs in mind'
Government urged to remove tax burdens for charities
IHT receipts reached £2.1 billion between April and June, data shows
More than 500,000 individuals caught in 60% tax trap
King's Speech unveils raft of bills designed to 'unlock economic growth'
Inflation holds steady at 2%
Business group calls for King's Speech to drive investment
HMRC launches VAT Registration Estimator
UK's economic recovery putting down roots
British Business Bank launches Growth Guarantee Scheme
Business confidence returning to pre-pandemic levels
Self assessment payment on account due on 31 July
Rachel Reeves named as the UK's first female Chancellor
Business ready to work in partnership with Labour government
Business push payment fraud hits £83 million
Household disposable incomes 'have grown at slow pace since 2010'
Next government warned 'you can't be pro-growth without being pro-green'
50% of savers unaware they are charged fees on their pension pots

June 2024

UK economy 'grew by more than previously estimated' at start of 2024
New government 'should change law on hot workplaces'
Average earnings 'just £16 a week higher than they were 14 years ago'
Business group warns tax rises will be 'difficult to avoid' over next five years
Tax gap at record high
Rate decision disappointing for small businesses
UK's investment performance 'worse than every other G7 country'
Inflation at lowest level in almost three years, data shows
HMRC 'has not fined a single 'enabler' of offshore tax evasion', data reveals
HMRC collected £1.39 billion in unpaid inheritance tax in last five years, data shows
Next government 'should extend company car benefit in kind taxation tables'
'Stark economic challenge' facing whoever wins election
Next government needs to prioritise falling employment, says think tank
Tax changes since 2010 have 'adversely affected families with children'
Savers 'dangerously underestimating' minimum cost of retirement
Next government will need to build trust between HMRC and self-employed
Action needed to help firms 'navigate digital future'
Revitalise 'Brand Britain', says CBI
Business leader optimism in UK economy rises to highest level in three years
Last 15 years 'worst for income growth in generations', says IFS

May 2024

BCC outlines five-point plan for 'immediate action' by new government
Bank of England 'has scope to cut interest rates three times', says IMF
Government urges workers to check tax codes following 'costly mistake'
Generative AI 'could widen corporate inequalities', business group warns
Next government will need to partner with business
Tax receipts totalled £75.4 billion in April, data shows
Inflation falls to lowest level in three years
Post-Brexit border checks set to cost UK more than £4.7 billion
£235 billion 'cash mountain' sitting in bank accounts with low interest rates
New research reveals 'significant shift in businesses' infrastructure priorities'
Taxpayers spend total of 800 years waiting to speak to HMRC
UK lagging behind in global green growth race
HMRC to receive extra £51 million in phone funding
Retirees report £119,000 shortfall in pension savings
UK economy exits recession as interest rates held
300,000 file tax returns in the first week of the tax year
HMRC error means self-employed workers could lose out on state pension
New customs rules cause confusion and uncertainty
UK economy will see slowest growth in G7 next year
Business leaders' economic confidence rose in April, data shows
Business group 'concerned' over impact of new customs charges on small firms

April 2024

HMRC launches online voluntary national insurance payment service
Business group calls on Ofgem to 'take action' on standing charges
HMRC clarifies tax rules for WFH commuting
UK borrowing £7.6 billion lower than last year, data shows
Inheritance tax receipts hit a record high of £7.5 billion
Small firms confused over upcoming import rules
HMRC launches MTD for Income Tax pilot
Umbrella company regulation in 'precarious position', warns IPSE
Business price pressures persist, warns BCC
UK inflation falls to lowest level since September 2021
Small firms 'treading water' on investment, BCC warns
Government must 'ensure growth among small firms is nurtured', says FSB
Only five MTD for ITSA software products ready for testing
More than seven million adults still struggling to pay bills, finds FCA
IR35 reforms taking their toll on skilled contractors
PAC challenges HMRC on governance and accountability of MTD
Accessing finance getting more difficult for SMEs
Government urged to reform Landfill Tax
Government urged to implement reforms to R&D tax system
1.6 million pensioners expected to fall into income tax net, according to research
Research suggests SMEs are 'bracing' themselves for tough months ahead

March 2024

AI could replace up to 8 million UK jobs, warns report
NMW is the 'single most successful economic policy in a generation', says think tank
HMRC's services having a negative impact on SME productivity
Small businesses still hampered by late payments, warns FSB
Interest rate decision prolongs uncertainty for firms, warns BCC
HMRC halts helpline closures
HMRC closes self assessment helpline for six months a year
Number of company insolvencies rises by 17%
New HMRC R&D tax relief guidance 'could be clearer', says ICAEW
HMRC urges working families to save on childcare costs
New measures aim to 'break the spell' of fraudsters
UK economy returns to growth
Budget introduces increase in Landfill Tax rates
UK workers 'face 20 years of pay stagnation', Foundation warns
Think tank warns Budget tax cuts will not compensate for price rises
View our 2024 Spring Budget Report
Chancellor introduces new ISA in Spring Budget
Jeremy Hunt cuts NICs again in the Spring Budget
2024 Spring Budget - the business reaction
2024 Spring Budget - the political reaction
2024 Spring Budget - the economic picture
2024 Spring Budget - what to expect
Reports suggest air travel tax could rise in Spring Budget
Chancellor 'considering scrapping non-dom tax rules' in Spring Budget
HMRC's tough approach to IR35 has 'chilling effect' on economic activity, warns IPSE

February 2024

Chancellor 'considering national insurance cut' in Spring Budget
March is top month for Marriage Allowance claims
Minister warns 'Tourist Tax' unlikely to be reversed in Spring Budget
500 firms named and shamed for underpaying staff
HMRC publishes guidance on MTD for ITSA for sole traders and landlords
Less than 3% of individuals paid CGT over decade to 2020, research shows
Number of tax fraud cases opened by HMRC fallen by more than half
Business group urges Chancellor to outline 'sustainable growth plan'
AAT outlines top asks in Budget representation
HMRC warns self assessment taxpayers as scam referrals rise
UK fell into recession at the end of 2023
Inflation unchanged but remains top concern for business
British families facing a 'triple savings challenge', Foundation warns
NAO publishes findings on HMRC's monitoring of effectiveness of tax reliefs
'More ambitious approach' needed towards preserving access to cash
Pensions income needed to retire rises
CBI calls for Chancellor to use Budget to 'build momentum' in the economy
Small businesses 'finding it harder to access finance'
Record 11.5 million taxpayers file tax returns by 31 January deadline
Interest rates stay at 5.25%
Employment Allowance should be increased at Spring Budget

January 2024

IMF warns UK government against further tax cuts
Clarity on new border checks is vital, says BCC
Only a third of UK adults confident with self assessment
Think tank warns tax cuts may have to be scrapped due to 'economic bind'
Fall in government borrowing 'increases possibility of tax cuts' in Budget
Almost four million still to file self assessment returns
Small business confidence 'lost ground' in final quarter of 2023
Chancellor suggests taxes may be cut in Spring Budget
Almost 45,000 set up HMRC payment plans
Raise VAT threshold to £100,000, says FSB
UK inflation rises to 4% in December
IMF warns AI will affect jobs and worsen inequality
BCC warns there are 'uncertain times ahead' for global trade
Value of tax penalties surged by 25% between 2022 and 2023, data shows
Cost of student loan system 'has increased by more than £10 billion', IFS finds
HMRC sends warning to cryptoasset users
Over 50s bucking decline in freelance numbers
National Insurance contributions cut from 6 January
Business confidence up but investment remains flat
HMRC targets side hustles as online platforms share information
Countdown for 5.7 million to file their 2022/23 self assessment tax returns
Spring Budget 2024 date confirmed for 6 March

14 Jan 2025

Government to 'unleash' AI to boost growth

Prime Minister Keir Starmer has indicated that the government intends to use Artificial Intelligence (AI) to help boost UK growth.

13 Jan 2025

CIOT calls on government to rewrite unfair VAT rules

The Chartered Institute of Taxation (CIOT) is calling on the government to address unfair tax rules as interest rates on late payments rise.

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