Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
35% increase in higher rate taxpayers since 2019
1.8 million extra taxpayers pay higher rates of income tax.IoD calls for permanent super deduction
Data suggests the measure has a positive impact.ATT concerned over capital allowance reform
Group fears proposals ignore smaller businesses.Tax gap remains steady at 5.1%
Findings reflect taxes being paid correctly.Scope of trust registration service extended by HMRC
New legislation aims to provide more transparency.Retail sales fall in May
ONS report shows a drop in food purchasesBusinesses don’t think MTD applies to them, poll finds
HMRC study shows confusion around MTD requirements.HMRC targets rogue tax refund agents
A 12 week consultation has launched to look at protective measures.Taxpayers unprepared for Making Tax Digital
Only 4 in 10 think new rules will be easy to follow.HMRC reminds businesses to update basic PAYE tools
Tools should be updated ahead of National Insurance threshold increase.
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