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.
HMRC investigations doubles additional tax from large businesses
HMRC's large business directorate has doubled the amount of tax revenue it collects, according to the National Audit Office (NAO).
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HMRC takes £137 million in late payment interest
HMRC has taken in over £137 million from late payment interest so far for 2023/24, a freedom of information request from investment platform AJ Bell shows.
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Hundreds of employers handed penalties for illegally underpaying workers
Almost 400 employers from across the UK have been named for failing to pay the minimum wage to tens of thousands of workers, says the government.
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Grant boost for installing EV chargers for households and businesses
Renters, flat owners, homeowners without driveways and businesses will be able to save up to £500 when installing electric vehicle (EV) charge points, the government has announced.
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Government unveils package of youth employment initiatives
The government has unveiled a youth employment drive that aims to create 200,000 jobs for young people and reform apprenticeships.
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New tax year brings contentious changes
The start of the new tax year on 6 April 2026 brings contentious changes with it, warns the Chartered Institute of Taxation (CIOT).
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HMRC website seeks to close tax knowledge gaps
HMRC has launched a new 'Tax Confident' website which it says will help people fill their tax knowledge gaps.
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