Dec 2, 2025 | Business Tax
Some companies across the UK have begun receiving letters from HMRC, warning that the tax authority may exercise its revived powers to recover overdue tax directly from their bank or building society accounts. These letters mark the first wave of firms contacted under...
Nov 21, 2025 | Business Tax
HMRC has begun writing to UK holding companies with overseas subsidiaries, asking them to review any management expenses claimed for corporation tax relief. The letters are part of a wider awareness campaign for large businesses and point to frequent mistakes in this...
Nov 12, 2025 | Business TaxPersonal Tax
HMRC has started contacting tax agents to check whether companies correctly claimed relief relating to directors’ loan accounts. The letters ask agents to review filings where relief from tax was claimed on the basis that a loan to a participator would be repaid...
Nov 11, 2025 | Business RegulationBusiness TaxGovernment Announcements
Independent retailers are urging Chancellor Rachel Reeves to use the Autumn Budget to restore business confidence, citing fresh survey data that points to weakening trading and rising pessimism. The British Independent Retailers Association (Bira) reports that 46.2%...
Jun 11, 2025 | Business TaxCurrent Affairs
Early HMRC information shows UK payrolled employment fell by 109,000 (-0.4%) in May 2025, the sharpest monthly decline for four years. The drop pushed the unemployment rate up to 4.6%, its highest level since April 2021. Economists have pointed to the...
