Business Tax

Latest news

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Business | Employer NI up 23% with record £93.7bn haul

Businesses hit by soaring employer national insurance raise billions in extra tax for Treasury in first eight months of the tax year, while fuel duty continues to tank

19 Dec 2025

Tax | Mid-sized businesses fined £16m for corporation tax breaches

HMRC doubles corporation tax checks and issues £16m in fines to mid-sized businesses with R&D tax relief and transfer pricing major problem areas

11 Dec 2025

Tax | Q&A: tax charge on overdrawn director's loan account

In this week’s Q&A, Teddy Rawlings, adviser at Croner-i VIP Tax Team, explains the benefit in kind tax charge when a director fails to pay off a director’s loan account in a timely manner

9 Dec 2025

Tax | Finance Bill runs to 554 pages

Bumper Finance (No.2) Bill released running to 554 pages, the longest piece of tax legislation since 2017 with raft of measures to crack down on tax avoidance promoters and thresholds frozen for six years

8 Dec 2025

Tax | HMRC will end letters in post from March 2026

In a bid to slash print and postage costs by £50m and drag HMRC communications into the 21st century, letters will no longer be sent out automatically to taxpayers from next spring, with email alerts notifying them of new documents in their personal tax accounts or the HMRC app instead

2 Dec 2025

Business | Budget 2025: penalties for late corporation tax filing double

After nearly 30 years, government doubles size of fines for late filing of corporation tax returns after frozen in time since 1998

1 Dec 2025

Tax | HMRC advisory fuel rates for company car users from 1 December 2025

Advisory fuel rates for company car users unchanged for petrol, diesel and LPG vehicles, with cut in home charging electric rate

1 Dec 2025

Tax | Budget 2025: Bolt and Uber caught by TOMS ban on VAT on taxi fares

HMRC scores a win against use of tour operators margin scheme (TOMS) by big business to avoid VAT as government outlaws its use by ride hailing apps

28 Nov 2025

Tax | Budget 2025: enterprise management incentive eligibility expanded

In a Budget light on measures for business, plan to significantly increase company eligibility limits for enterprise management incentives (EMI) was welcome move

28 Nov 2025

Tax

Business Tax

Budget

Business | UK SMEs forgotten in the Budget, says AAT chief

Lucy Cohen, founder of Mazuma and president of the Association of Accounting Technicians, says Budget left SMEs out in the cold this winter

27 Nov 2025

Tax | Budget 2025: 50% CGT on employee ownership trusts

The chancellor is clamping down on tax advantages of employee ownership trusts with reduction in allowance for capital gains tax (CGT) for businesses sold

27 Nov 2025

Tax | Budget 2025: £1bn hike in gambling taxes

Chancellor raises gambling taxes with 19% increase in remote gaming duty but leaves horse racing out of the mix

26 Nov 2025

Tax

Business Tax

Budget

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Tax | Two thirds of taxpayers against threshold freeze

Hike in income tax opposed by half of taxpayers with cuts to ISAs and increases in the long frozen fuel duty just as unpopular

20 Nov 2025

Tax | Bar owner refused £31k late tax appeal over lost post

HMRC has won a case at tribunal over attempts to make a late appeal after Belfast bar owner argued all the relevant letters and penalty demands had never arrived in the post

18 Nov 2025

Tax

Business Tax

HMRC

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Tax | Register for our post-Budget webinar

18 Nov 2025

Tax | Private mileage rates frozen at 45p per mile for years

Employees who use their own car to travel for work business ‘stranded on the roadside’ by absurdly low mileage rates, which have lost touch with inflation, warns Association of Taxation Technicians (ATT)

18 Nov 2025