The government’s proposed tourist tax would constitute a £1.6 billion tax increase for holidaymakers, according to analysis by Oxford Economics. The modelling, which was commissioned by UKHospitality, assumed a 5% levy is fully realised by 2030. It showed a £2.2…
The government has confirmed it will review approved mileage rates for business users ahead of a future Budget. The announcement comes after more than a decade without change - despite rising fuel, insurance and maintenance costs leaving many workers covering…
The government’s new procurement rules that target opportunities for smaller businesses offer hope to SMEs, according to the British Chambers of Commerce (BCC). Government departments have, for the first time, set individual spending targets for SMEs to deliver over £7.4…
The start of the new tax year on 6 April 2026 will bring contentious changes with it, warns the Chartered Institute of Taxation (CIOT). The most controversial change is the taxation of dividends and employee benefits as well as the…
HMRC is urging families to sign up for Tax-Free Childcare before booking their Easter holiday childcare. More than 542,000 families saved money on their childcare in December, the tax authority says. Working families who sign up to Tax-Free Childcare can…
Small businesses to be backed by new, stronger measures to tackle late payments, the government has announced. The Small Business Commissioner will be given sweeping new powers to investigate poor payment practices, adjudicate payment disputes, and fine the worst offenders…
Self-employed women in the UK earn £51 less per day than men on average, according to IPSE, the self-employed association. This means that the average self-employed woman working full time could be £12,266 worse off per year compared to a…
HMRC has launched a new ‘Tax Confident’ website which it says will help people fill their tax knowledge gaps. The tax authority says the site is designed around real-life situations, helping people to find information that is relevant to their…
Almost 400 employers from across the UK have been named for failing to pay the minimum wage to tens of thousands of workers, says the government. Around 60,000 workers were found to have been underpaid, collectively missing out on £7.3…
The government has unveiled a youth employment drive that aims to create 200,000 jobs for young people and reform apprenticeships. It comes as apprenticeship starts amongst young people are down 40% in the last decade and almost one million young…
