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MTD for Income Tax countdown begins
864,000 taxpayers face quarterly reporting from 2026.
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Interest rates rise again, despite fall in inflation
Bank of England increases rate to 5.25%.Overpayment of tax on pensions hits £56m
Average tax reclaim form totals £3.5k.R&D claims to come under greater scrutiny
Additional information on R&D projects now required.Accounting groups express concern about tax digitalisation plan
Making Tax Digital is delayed until 2026.Tax debt hits £44.5bn in June
More people are struggling to pay their tax bill.Bank of England hikes interest rates to 5.25%
Increase takes rates to their highest since 2008.Bank of England hikes interest rates to 5.25%
Increase takes rates to their highest since 2008.Retail trading conditions remain weak
July sees sharp decline in retail sales volumes.CIOT: taxpayers using pilots must not be disadvantaged
Tax institute flags concerns following HMRC consultation.Corporate insolvencies hit a 14-year high
Insolvency Service reports an 8.9% increase on the previous quarter.