Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.
Government consults on mandatory e-invoicing
The government has launched a consultation on plans for the rollout of electronic invoicing (e-invoicing) in the UK.
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Proposed HMRC powers to collect data on hours worked scrapped
The government has stopped controversial plans to collect information about the exact hours worked by every employee in PAYE returns.
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Business tax compliance costs £15 billion a year
An increasingly complex tax system is costing UK businesses an estimated £15.4 billion a year in compliance, according to a report from the National Audit Office (NAO).
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Tailored tax reliefs boost alcohol sector
The government has introduced a package of support that it says will help the alcohol sector to grow.
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Businesses warn of National Insurance 'powder keg'
The overwhelming majority of businesses say the rise in employers' NICs will force them to change their plans, according to research by the British Chambers of Commerce (BCC).
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HMRC cuts late and repayment interest rates
HMRC will reduce late payment and repayment interest rates from 25 February following the cut in the base rate.
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Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin.
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Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 March 2025.
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