More than 4,600 self assessment taxpayers filed their tax return on Christmas Day, according to data from HMRC. In total, 37,435 customers filed between 24 and 26 December. Christmas Eve was the most popular day with 22,350 tax returns filed…
Use of the HMRC app surged last year as millions of users downloaded it for the first time, according to the tax authority’s figures. HMRC says the app was downloaded 4.2 million last year and people logged in to the…
A third of UK firms are worried about their business rates, according to data from the British Chambers of Commerce (BCC). Concern is at its highest since the BCC began keeping track. It is most acute in the hospitality sector,…
More than 4,800 self assessment scams have been reported since February 2025, according to data released by HMRC. The tax authority says scammers are using persuasive and threatening tactics to target people when they are more likely to receive correspondence…
The Spring Statement has been scheduled for 3 March 2026 by the Chancellor of the Exchequer Rachel Reeves. Ms Reeves has asked the Office for Budget Responsibility to prepare an economic and fiscal forecast for publication on that date. The…
The level of the Agricultural Property Relief (APR) and Business Property Relief (BPR) thresholds will be increased from £1 million to £2.5 million, the government has announced. The change will allow spouses or civil partners to pass on up to…
HMRC has published the latest issue of the Employer Bulletin. The December issue has information on various topics, including: Changes take effect 6 April 2026 — prepare for new PAYE responsibilities in labour supply chains. Clarifying the Optional Remuneration Arrangement…
The UK will bring cryptocurrencies, including Bitcoin, into a regulatory framework with legislation due by 2027. The government says that firm and proportionate rules will give legal clarity over the sector’s regulatory position. It says they will also boost consumer…
The Autumn Budget is unlikely to kickstart the UK economy with the nation’s growth outlook remaining subdued, according to research from the British Chambers of Commerce (BCC). The UK economy is expected to grow by 1.4% in 2025, revised slightly…
A £725 million package of skills reforms to the apprenticeship system with the aim of helping to tackle youth unemployment and drive economic growth, has been announced by the UK government. The government says the reforms will create 50,000 additional…
