News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Prime Minister pledges more support for UK businesses
PM reacts to Trump’s new tariff policy.IoD warns of ongoing business caution
Latest data points to subdued confidence among UK businesses.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.
Armstrong Rogers & Co
Current news
HMRC intensifies CGT checks on sellers
Compliance activity surges as underpayments climb sharply.
UK growth edges up in August
Manufacturing leads; services stall as Budget pressures build.
UK productivity shows rare bright spot
Revisions lift output, but OBR downgrade still looms.