More than a third of UK employers plan to reduce the recruitment of permanent staff due to the Employment Rights Act’s (ERA) reforms, says the Chartered Institute of Personnel and Development (CIPD). A survey published by the CIPD showed that…
Over 200 hospitality and leisure CEOs have urged the government to scrap plans for a Visitor Levy in England. In a letter to the Chancellor, they warn that the proposed holiday tax will ‘hit families hardest, put jobs at risk…
HMRC has published the latest issue of the Employer Bulletin. The February issue has information on various topics, including: Reporting expenses and benefits for the tax year ending 5 April 2026. End of year reporting. Upcoming State Pension age changes…
HMRC is urging manufacturers, importers, and warehousekeepers involved with vaping products to prepare for new duties. Businesses involved in vaping products can register for Vaping Products Duty (VPD) and the Vaping Duty Stamps (VDS) Scheme from 1 April 2026. From…
HMRC is urging young people who have yet to claim their Child Trust Fund (CTF) to do so during National Apprenticeship Week. HMRC’s figures show 758,000 young people could be missing out on cash as they have yet to claim…
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). The report says that the current framework is too rigid, lacks clarity,…
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). The IoD Directors’ Economic Confidence Index, which measures business leader optimism in…
An estimated one million taxpayers missed the self assessment deadline for the 2024/25 tax year, according to HMRC. Over 11.48 million taxpayers filed their self assessment tax returns before midnight on 31 January. However, more than 12 million self assessment…
The UK can expect to see big falls in the rate of inflation this year, according to the Resolution Foundation. The think tank’s prediction comes despite an increase in December 2025 that saw the UK end the year with the…
Five major UK banks have agreed a £11 billion lending package aimed at SMEs to support small business growth, the government has announced. The lending commitment is one of the largest collective moves by the banking sector in over a decade. The government says this represents an ‘historic show…
