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.
Unemployment rises as job market falters
Unemployment rate rose to highest level in 6 months.Inflation drops to lowest rate in two years
Down to 3.2% in March, from 3.4% in February.650K HMRC calls abandoned in February
Waiting times are still above the annual average.Interest rate for director’s loans frozen at 2.25%
The rate is held for the second year running.UK nears recovery as GDP grows
Data indicates a 0.1% rise in GDP.UK passport prices to increase
The second increase in passport prices in 14 months.What are the April tax changes?
NICs, CGT, pensions and family benefits affected.HMRC launches calculator for 2023/24 sole trader tax reform
Tool simplifies transition profit calculation, excluding partnerships.Debt Relief Order limit increased to £50,000
Relief rising from £30,000 from 28 June.HMRC releases profit calculator for tax year
The calculator excludes partnerships.