News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Advisory fuel rates update
The latest advisory rates for company cars remain unchanged.SME R&D tax credit cut criticised by ATT
The changes to R&D credits aim to tackle fraudulent claims.Business support set out by Chancellor
Some industry leaders praise Autumn Statement measures.UK in recession according to Government watchdog
Economy to recover to pre-pandemic levels in late 2024.Tax thresholds frozen in Autumn Statement
Additional-tax rate threshold reduced for thousands of taxpayers.Industry reacts to Autumn Statement 2022
Tax hikes announced to fill ‘fiscal black hole’.CPI rises to highest level in 40 years
Rising energy costs considered to be the main contributor.Real-terms pay continues to fall
Soaring inflation affects real-terms pay, despite record wage increases.HMRC changes profit assessment rules
Affected businesses will see a change in how they complete their returns.CGT incorrectly calculated by HMRC service
Faulty service leads to non-residents paying the wrong amount of tax.