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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Treasury receives £5.4 billion surplus in January
Monthly income tax receipts highest on record.Experts seek growth plan from Spring Budget
Spring Budget scheduled for 15 March.Business confidence in service industry falls
Experts call for service industry support.Trade associations call for green super deduction
Experts hope tax breaks would encourage SMEs to invest in net zero.PAYE processing time delayed
HMRC needs nine days to process new PAYE direct debits.FSB criticises plans to reduce SME R&D support
Small businesses less likely to invest after the cuts.Treasury receives £5.4 billion surplus in January
Income tax receipts hit £21.9 billion – the highest take on record.ATT urges the Government to revise AIA rules
“Strange arithmetic intricacies” could "catch out" taxpayers.CIOT calls for fairer HMRC repayment interest rates
Late payment penalties are up to 17 times higher than repayment amounts.HMRC targets short-term landlords over unpaid tax
Airbnb and Booking.com hosts must report rental income to HMRC.
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