The UK’s professional tax and accounting bodies have backed the adoption of e-invoicing in their responses to a government consultation. The Chartered Institute of Taxation (CIOT) says that HMRC will…
The government should urgently tackle the jobs crisis among young people or it will risk facing a ‘lost generation’, according to the British Chambers of Commerce (BCC). In a report…
The government is introducing legislation to regulate cryptoassets and improve consumer protection for the asset class. The new rules will apply to firms offering services for cryptoassets like Bitcoin and…
HMRC has launched a new online interactive tool to help guide both businesses and individuals through tax compliance checks. The Interactive Compliance Guidance tool available on GOV.UK provides information to help customers…
The UK government is taking the right approach to tariff negotiations with the US despite downgrades to the economic outlook, says the British Chambers of Commerce (BCC). The International Monetary…
Think tank the Resolution Foundation has suggested that the government’s upcoming Spending Review could help to brighten the ‘bleak living standards outlook’ for low-to-middle income families. The Foundation stated that…
Chancellor Rachel Reeves has unveiled plans to cut red tape as the government aims to kickstart economic growth. The government says its Action Plan will save businesses across the country…
The government’s employment reforms are causing employers to put their hiring plans on hold, according to the Institute of Directors (IoD). The IoD noted that there was a small increase…
The first Finance Act of the Labour government has gained Royal Assent and passed into law. The Finance Act 2025 makes major changes to the tax rules for non-doms, removes…
Activity in the private sector is expected to fall for the fourth consecutive quarter, according to a Growth Indicator from the Confederation of British Industry (CBI). Business volumes in the…
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