Business tax compliance costs £15 billion a year
An increasingly complex tax system is costing UK businesses an estimated £15.4 billion a year in compliance, according to a report from the National Audit Office (NAO). HMRC’s cost of…
Tax
Chancellor promises to drive growth and raises £40 billion in taxes
Chancellor Rachel Reeves pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’ in the Autumn Budget. The Budget, which was Labour’s first in over 14 years and the first ever delivered…
Autumn Budget – the business reaction
Business groups have reacted to Chancellor Rachel Reeves’ Autumn Budget speech. The Confederation of British Industry (CBI) said that the Chancellor ‘had difficult choices to make to deliver stability for the…
Autumn Budget 2024 Guide
The Autumn Budget was delivered by the Chancellor Rachel Reeves on Wednesday 30 October. In presenting Labour’s widely anticipated first Budget in 14 years, the Chancellor was faced with a…
Autumn Budget 2024 Key measures at a glance
Following Rachel Reeves’ budget earlier today we have summarised below the key tax changes and announcements she has made: Our full detailed guide on the Budget and our Tax Tables…
IPSE calls for fairer off-payroll rules in Budget
IPSE calls for fairer off-payroll rules in Budget The Chancellor should use her Autumn Budget to make off-payroll working rules ‘fairer and more effective’, according to the Association of Independent Professionals…
Billion-pound tax bombshell to hit hospitality, warns trade body
The end of business rates relief will sting hospitality with a £928 million bill in April unless the government acts in the Budget, warns UKHospitality. Hospitality and leisure businesses face…
Budget will be ‘pivotal moment’ for new government
The Autumn Budget will be a ‘pivotal moment’ for the new Labour government as it aims for sustainable economic growth, says the Confederation of British Industry (CBI). In its Budget…
Pre-Budget Discussions and Advice
There is much coverage of the upcoming Autumn Budget on 30 October, the first by the new Labour government and Chancellor Rachel Reeves. If you are looking for what may…
UK has record number of self-employed workers aged 60 or over
The number of self-employed people aged 60 or over has reached a record level, according to analysis by Rest Less. These numbers have increased by over a third in the…
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