The Institute of Directors (IoD) has welcomed the launch of the government's new Cyber Governance package, which is underpinned by the Cyber Governance Code of Practice. The Code of Practice shows boards and directors how to manage digital risks and…
A new service has been launched that allows individuals to verify their identity directly with Companies House through GOV.UK. The introduction of identity verification is one of the key changes to company law as part of the Economic Crime and…
The UK government is taking the right approach to tariff negotiations with the US despite downgrades to the economic outlook, says the British Chambers of Commerce (BCC). The International Monetary Fund (IMF) has cut its growth forecast for global GDP…
HMRC has published the latest issue of the Employer Bulletin. The April issue has information on various topics, including: the new rates of the National Minimum Wage reporting expenses and benefits for the tax year ending 5 April 2025 changes…
Tax compliance costs the UK’s small businesses nearly £25 billion a year, according to recent research conducted by the Federation of Small Businesses (FSB). The average small firm spends £4,500 and 44 hours a year on tax compliance, according to…
Total UK exports in goods and services rose by 2.8% in January, according to the latest trade data from the Office for National Statistics (ONS). Goods exports were up by 3.5% on this while services exports up by 2.3% month…
The independent review into the loan charge has issued a call for evidence with examples of promotional material and marketing leaflets a priority for the review team. The review was announced by the Treasury in January and is being led…
Increases to the National Living Wage and National Minimum Wage took effect from 1 April. From April 2025, the NLW will increase by 6.7% and the NMW by as much as 18% depending on the category of the worker. The…
The first Finance Act of the Labour government has gained Royal Assent and passed into law. The Finance Act 2025 makes major changes to the tax rules for non-doms, removes the VAT exemption for private school fees, increases some rates…
The government’s employment reforms are causing employers to put their hiring plans on hold, according to the Institute of Directors (IoD). The IoD noted that there was a small increase in payrolled employees in the latest Labour market data released…
