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Borrowing hits five-year September high
Higher interest and welfare costs widen the deficit.
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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Phone glitch blocks HMRC calls; lines reopen Thursday
Outage follows major phishing breach disclosures.HMRC clarifies VAT reclaim for private schools
Schools get guidance on reclaiming historic VAT.UK growth forecast downgraded by OECD
Tariffs, inflation and weak sentiment dampen outlook.Public confidence in HMRC hits new low
Poor service and confusion drive dissatisfaction.Ministers plan to cut 50,000 civil service jobs
Final phase of spending review begins.Business tax arrears hit £28bn a month
Rising employer NI and tariffs deepen debt worries.Private school VAT drives 2.5% pupil fall
Enrolment dips after VAT adds 20% to fees.HMRC issues guidance for CARF crypto reporting regime
User identity to become mandatory for all UK exchanges.UK economy set for modest recovery
IMF urges caution on tax and spending.VAT drives down private school enrolment
Enrolments fall as fees rise sharply.