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This section contains the latest business news stories.
Although there are less than two months until the self assessment deadline there is still time to start an accurate return, says HMRC.
A report published by the Organisation for Economic Co-operation and Development (OECD) has suggested that tax rises and spending cuts announced by Chancellor Rachel Reeves will serve as headwinds to the UK economy.
A report carried out by the Institute of Directors (IoD) has found that confidence amongst business directors is at a near record low.
Self assessment taxpayers due to join Making Tax Digital for Income Tax (MTD for IT) next April will not face penalties if late filing quarterly updates.
In its response to the 2025 Autumn Budget, the Institute for Fiscal Studies (IFS) has stated that Chancellor Rachel Reeves is 'choosing to spend more and borrow more' than she previously said she would.
Chancellor Rachel Reeves delivered her 2025 Autumn Budget speech yesterday, outlining a range of financial measures.
Chancellor Rachel Reeves will present the 2025 Autumn Budget today. We will keep you up to date on the key Autumn Budget announcements and supply a summary, which will appear on our website.
Addressing the House of Commons, Chancellor Rachel Reeves used the 2025 Autumn Budget to freeze Income Tax and National Insurance (NI) thresholds for an extra three years beyond 2028; remove the two-child benefit cap from April 2026; and extend the 5p 'temporary' Fuel Duty cut on petrol and diesel until September 2026.
Business groups have reacted to Chancellor Rachel Reeves' Autumn Budget speech.
Within her Autumn Budget speech, Chancellor Rachel Reeves announced measures that will raise taxes by £26 billion in 2029/30, including a freeze on Income Tax and National Insurance (NI) thresholds beyond 2028 and a cap on the amount under-65s can put into Cash ISAs.
The UK government has announced that billions of additional private investments has been committed to help build the country's AI capabilities.
The Chancellor could raise billions by reforming UK's 'outdated and overly complex' VAT system, claims the Institute of Chartered Accountants in England and Wales (ICAEW).
UK bank customers will benefit from an increase to the maximum amount they would be reimbursed for if their bank were to fail from 1 December, the Prudential Regulation Authority (PRA) has confirmed.
AI tools including Chat GPT, Gemini and Meta AI are giving inaccurate, unclear and risky advice which could prove costly if followed, warns consumer champion Which?.
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