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Business News

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Business News

Minimum wage rose on 1 April

02 Apr 2025 Increases to the National Living Wage (NLW) and the National Minimum Wage (NMW) took effect from 1 April. The NLW increased by 6.7% and the NMW will…

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10/07/2025
Business News

Regulator poised to act on card payment fees

17 Mar 2025 The Payment Systems Regulator (PSR) is set to act to reduce card payment fees for businesses and consumers in the UK. In a report on the matter,…

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10/07/2025
Business News

HMRC cuts late and repayment interest rates

20 Feb 2025 HMRC will reduce late payment and repayment interest rates from 25 February following the cut in the base rate. The Bank of England cut the base rate…

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10/07/2025
Business News

UK firms expecting slowdown, CBI finds

29 Jan 2025 UK firms are expecting to reduce both output and hiring this quarter, according to a survey conducted by the Confederation of British Industry (CBI). Activity has been…

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10/07/2025
Business News

5.4 million yet to file their self assessment tax return

07 Jan 2025 With less than a month to go, 5.4 million taxpayers still need to complete their self assessment tax return to avoid penalties, HMRC has warned. Anyone required…

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10/07/2025
Business News

HMRC urges self assessment taxpayers to spread the cost

11 Dec 2024 HMRC is reminding people who pay tax by self assessment of the opportunity to spread the cost of their bill with the Time to Pay facility. More…

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10/07/2025
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