Tax gap estimated at 5.3%
The tax gap estimate was 5.3% for the 2023/24 tax year, according to the latest data from HMRC. The tax gap is the difference between what tax is expected to be paid and actually paid.
Tax gap estimated at 5.3% Read More »
Company
Advisory fuel rates for company cars (June 2025)
New company car advisory fuel rates have been published and took effect from 1 June 2025.
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Tax and accounting bodies back e-invoicing adoption
The UK’s professional tax and accounting bodies have backed the adoption of e-invoicing in their responses to a government consultation.
Tax and accounting bodies back e-invoicing adoption Read More »
One in four employers plan to make redundancies in next quarter
The number of employers expecting to increase staff numbers in the next three months has fallen to a record low outside of the pandemic.
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Price rises most likely response to US tariffs
Price increases are the most likely response to US tariffs by affected firms, according to a survey conducted by the British Chambers of Commerce (BCC).
Price rises most likely response to US tariffs Read More »
Companies House begins to verify identities
A new service has been launched that allows individuals to verify their identity directly with Companies House through GOV.UK.
Companies House begins to verify identities Read More »