News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Old MTD for VAT portal to close
Businesses have until November to become MTD-compliant.Triple lock pensions under question
Triple lock pensions may be off the table as inflation soars to 10.1%.Charities warned against online fraud
One in eight charities experienced cybercrime in the last 12 months.Chancellor reveals measures ahead of medium-term fiscal plan
Reversing mini-budget decisions will raise around £32bn a year.PM scraps corporation tax decision
Corporation tax will still rise to 25% in latest U-turn.Insolvencies hit highest levels in over a decade
Q2 2022 saw 5,629 insolvencies in England and Wales.UK economy shrinks by 0.3% in August
Decrease in GDP strengthens concerns of recession.Government needs to “balance books” with cuts
Industry claims Chancellor will need to cut £62bn.IR35 off-payroll rules repealed
Changes to IR35 will come into effect next year.Autumn Budget brought forward to 31 October
An OBR forecast will be published alongside the budget.