Apprenticeship system reform must go further
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…
HMRC urges young people to claim Child Trust Funds
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…
Vaping businesses urged to prepare for Vaping Products Duty registration
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…
Get tax affairs back on track if self assessment deadline was missed
The Low Incomes Tax Reform Group (LITRG) is urging the estimated one million taxpayers who failed to file their tax return on time to get their tax affairs back on…
Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin. The February issue has information on various topics, including: Internet link: GOV.UK
HMRC app usage surged in 2025
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…
Tax timebomb poses existential threat to high streets, government warned
Small businesses such as cafes, shops and hairdressers are facing three years of business rates misery with an average 52% hike in bills, analysis from the Federation of Small Businesses…
Government must ramp up its growth strategy, says think tank
Despite falling behind its peers the UK economy could be on the brink of a turnaround so the government must up rather than run-down its growth strategy, says the Resolution…
Self assessment payments via the HMRC app up 65%
The number of people using the HMRC app to pay their self assessment tax bill has increased by 65% this tax year, according to the tax authority. Almost 340,000 people…
Inheritance Tax reliefs threshold to rise to £2.5 million for farmers and businesses
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…
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