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UK set to introduce digital ID system
Mandatory for work checks but not for carrying.
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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
UK house prices near record high
Mortgage rates boost confidence, but affordability still an issue.27% of Covid grant claims were unjustified
Scheme prevented closures but raised concerns over fund misuse.Rising inheritance tax concerns as Budget nears
Public support for higher IHT thresholds grows.HMRC service quality declines in 2024
Dissatisfaction with helplines, webchat and guidance.UK ends 142-year reliance on coal
The last coal power station closes, marking a green milestone.R&D claims drop despite increased expenditure
Fewer businesses claim R&D tax credits as claim values rise.Treasury rethinks non-dom tax status changes
Concern over revenue impact of scrapping non-dom status.Private school VAT could affect 55% of parents
HNWIs reconsider private schooling due to increased fees and VAT.Government targets late payments to protect SMEs
New rules aim to end crippling payment delays.Economy stagnates for second consecutive month
Economic slowdown persists, defying growth predictions.