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Inheritance tax to apply to unused pensions
Change from April 2027 affects thousands of estates.
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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Companies urged to file accounts online
Accounts must be submitted by 31 December.Manufacturing sector facing a tough winter
Despite a rise in output volumes, production is expected to decline.Five-year mortgage rates fall below 6%
New data indicates mortgage rates are returning to normal.Tax take soars to £432.8bn
Total tax take for 2021/22 so far is £41.5bn higher than last year.OBR report confirms UK in recession
Economic recovery expected in late 2024.Chancellor sets out tax freezes and spending cuts
Government plans aim to promote fiscal stabilityHMRC to change salary advance reporting requirements
The legislation aims to reduce administrative burdens.Advisory fuel rates update
The latest advisory rates for company cars remain unchanged.SME R&D tax credit cut criticised by ATT
The changes to R&D credits aim to tackle fraudulent claims.Business support set out by Chancellor
Some industry leaders praise Autumn Statement measures.