Business news
The latest business, tax and economic developments
In the world of business news, it’s easy to feel slightly overwhelmed, as you’re constantly bombarded by alerts and stories, half of which hardly relate to you. We feel that way sometimes, too. That’s why we created our business news section – dedicated to regular business owners like you. With one story a day with only the essentials, you’ll be able to keep up with the biggest business, tax and economic developments of the day.
CIOT: taxpayers using pilots must not be disadvantaged
Tax institute flags concerns following HMRC consultation.Corporate insolvencies hit a 14-year high
Insolvency Service reports an 8.9% increase on the previous quarter.MPs call for multi-billion pound tax break transparency
Tax system labelled as overly complicated.NatWest profits rocket to £3.6bn after resignations
The part taxpayer-owned bank’s profits are higher than expected.Self-employed workers lack confidence in HMRC
Small businesses tire of constant legislation and investigation.Self-employed workers lack confidence in HMRC
Small businesses tire of constant legislation and investigation.Service levels undermining HMRC charter commitments
HMRC scores 2.3 out of 10 for responsiveness.Overpayment of tax on pensions hit £56m
Average tax reclaim form totals £3,551.High tax receipts drive better than expected borrowing figures
Public borrowing £2.7bn below forecasts for June.Government proposes merging R&D tax relief schemes
Changes would present opportunities for tax simplification.