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Business News

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Business News

Government ‘wrong to balance books on backs of low-income families’

28 Mar 2025 Responding to Chancellor Rachel Reeves' recent Spring Statement, think tank the Resolution Foundation stated that balancing the books 'shouldn't be done on the backs of low-income families'.…

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10/07/2025
Business News

Side hustle trading threshold raised to £3,000 per year

12 Mar 2025 The reporting threshold for trading income for self assessment is being lifted from £1,000 to £3,000 gross within this parliament, according to the Treasury. This includes people…

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10/07/2025
Business News

Government consults on mandatory e-invoicing

17 Feb 2025 The government has launched a consultation on plans for the rollout of electronic invoicing (e-invoicing) in the UK. The 12-week consultation is being jointly conducted by HMRC…

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10/07/2025
Business News

3.4 million still to file self assessment returns as deadline approaches

24 Jan 2025 There are still 3.4 million self assessment taxpayers who are yet to file their tax return for 2023/24 with the deadline fast approaching, according to HMRC. The…

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10/07/2025
Business News

Over 40,000 file self assessment over the Christmas break

02 Jan 2025 More than 40,000 taxpayers completed their self assessment returns over the Christmas break, according to figures from HMRC. On Christmas Day 4,400 people filed their tax return…

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10/07/2025
Business News

No tax changes for online sellers

06 Dec 2024 People selling unwanted items online can continue to do so without any new tax obligations, HMRC has confirmed. The reminder comes as online platforms start sharing sales…

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10/07/2025
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