News
USA imposes 10% tariff on UK exports
Blow to UK economy despite softer approach.HMRC issues warning over prepaid card tax schemes
Companies urged to exit tax avoidance schemes.Spring Statement sees 10% late payment penalty introduced
Treasury doubles down on late payment enforcement.Over a fifth of adults not looking for work
Economic inactivity remains a focus for UK growth plans.Deposit protection limit could rise to £110,000
Bank of England proposes updated FSCS savings cap.HMRC prosecutions of tax enablers fall sharply
There were fewer than five criminal cases in 2023/2024.Proposed changes to R&D tax credit assurances
New consultation explores mandatory advance approvals.Late payment penalties for taxpayers announced in Spring Statement
Higher fines and interest from April 2025.New HMRC escalation route for PAYE delays
Priority email support launches for agents from 31 March.FCA to cut more than 100 pages of rules
Regulator responds to pressure to reduce red tape.
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