Latest News for Business

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09 Mar 2025

Government consults on mandatory e-invoicing

The government has launched a consultation on plans for the rollout of electronic invoicing (e-invoicing) in the UK.

09 Mar 2025

Proposed HMRC powers to collect data on hours worked scrapped

The government has stopped controversial plans to collect information about the exact hours worked by every employee in PAYE returns.

09 Mar 2025

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).

09 Mar 2025

Tailored tax reliefs boost alcohol sector

The government has introduced a package of support that it says will help the alcohol sector to grow.

09 Mar 2025

Businesses warn of National Insurance 'powder keg'

The overwhelming majority of businesses say the rise in employers' NICs will force them to change their plans, according to research by the British Chambers of Commerce (BCC).

09 Mar 2025

HMRC cuts late and repayment interest rates

HMRC will reduce late payment and repayment interest rates from 25 February following the cut in the base rate.

09 Mar 2025

Latest guidance for employers

HMRC has published the latest issue of the Employer Bulletin.

09 Mar 2025

Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 March 2025.

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