Retail sales grow steadily in April

Total retail sales grew steadily by 5.1% in April, according to a new report from the British Retail Consortium (BRC). The rise matches the average growth rate in the three months to April and is a significant improvement on last year's total retail sales, which fell...

Strike action will impact HMRC helplines.

Strike action is expected to impact HMRC helplines this week as customer service employees walk out over pay disputes. More than 400 staff members will go on strike for a total of 18 days, from 10 May (today) until 2 June. The strikers work as part of HMRC's personal...

Government launches cryptoassets consultation

The Government has launched a consultation to modify the tax treatment of cryptoassets used in decentralised finance (DeFi) lending and staking transactions. The law currently treats many of these transactions as disposals for tax purposes. This usually triggers a...