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Business News

This section contains the latest business news stories.

Latest news

11 Dec 2024

HMRC urges self assessment taxpayers to spread the cost

HMRC is reminding people who pay tax by self assessment of the opportunity to spread the cost of their bill with the Time to Pay facility.

10 Dec 2024

Number of taxpayers caught in 60% 'tax trap' rises

The number of individuals caught in the 60% 'tax trap' has risen by 45% in two years, a Freedom of Information (FOI) request has revealed.

09 Dec 2024

Public funds fraud cost taxpayers £81 billion

Fraud and error in public funds cost the taxpayer up to £81 billion last year, according to the latest data from the National Audit Office (NAO).

06 Dec 2024

No tax changes for online sellers

People selling unwanted items online can continue to do so without any new tax obligations, HMRC has confirmed.

05 Dec 2024

Interest rates 'set to be higher for longer'

The Organisation for Economic Co-operation and Development (OECD) has warned that interest rates will be higher for longer due to the recent Autumn Budget.

04 Dec 2024

Cyber-attacks cost UK businesses £44 billion in last five years

Over half of UK businesses have experienced at least one cyber-attack in the past five years, suffering combined lost revenue of £44 billion as a result, according to insurance broker Howden.

03 Dec 2024

Small businesses counting the cost of potholes

Small businesses across the UK are counting the cost of pothole damage to their vehicles, according to new research from the Federation of Small Businesses (FSB).