News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
MPs demand better performance from HMRC
HMRC urged to take action as outstanding tax debt totals £42 billion.Taxpayers reminded to report crypto gains
Cryptoassets are subject to income tax and capital gains tax.HMRC asked to explain long phone waits
Some taxpayers are waiting for several hours to speak with an HMRC representative.Chancellor reveals new energy discount for businesses
Businesses will see reduced levels of support from 1 April 2023.Government urged to continue energy support for businesses
A new support scheme will be announced on Monday 9 January.Inflation remains a key concern for business
Rising tax burdens and energy bills are also impacting profitability.Millions of taxpayers still to file tax returns
There’s less than one month before the self-assessment deadline.R&D relief guidance under review
Reforms to R&D come into effect on 1 April.Slow retail growth expected for 2023
Number of shop closures hits a five-year high.Over 3,000 tax returns filed on Christmas Day
Over 22,000 self-assessments were submitted between 24 and 26 December.