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HMRC intensifies CGT checks on sellers
Compliance activity surges as underpayments climb sharply.
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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
UK unemployment hits highest level since 2021
Job market slows as vacancies and pay growth fall.HMRC interest rates to fall from 28 May
0.25% cut follows drop in base rate.Bank cuts rates to 4.25% amid slow growth
Caution remains despite trade deal boost.HMRC stops phone support for UTR numbers
Taxpayers must now go online or wait by post.Tariffs to be cut in new UK-India trade deal
Agreement to boost exports and reduce consumer costs.Bank of England set to cut rates
US trade war fuels economic concerns.VAT road fuel charges cut by 5.7%
New HMRC rates applied from 1 May 2025.First-time buyer SDLT relief ends
Property sales spike, but prices still fall.HMRC cracks down on landlord tax scheme
LLP property transfers are under strict scrutiny.Spring tax update defers payrolling benefits to 2027
CEST revision and NIC election change also headline spring update.