Business News

29 May 2026

Advisory Fuel Rates

New company car advisory fuel rates have been published and will take effect from 1 June 2026.

28 May 2026

Youth employment approaching pandemic and financial crisis levels

The recent fall in youth employment is now approaching the decline seen during the Covid-19 pandemic and 2008 financial crisis, according to the Institute for Fiscal Studies (IFS).

27 May 2026

Temporary reduced rate of VAT for children's meals, tickets and family attractions

The government is helping families this summer with the cost-of-living crisis by cutting VAT on attractions and meals out. The temporary reduced rate of VAT will cover children's meals, tickets and family attractions.

26 May 2026

Approved Mileage Allowance Payments (AMAPs), Mileage Allowance Relief (MAR) and self-employed mileage

The government has announced increases to AMAPs, MAR and self-employed mileage rates, which will be backdated to 6 April 2026.

22 May 2026

New parents urged to claim Child Benefit for their baby now

One in three new parents are missing out on Child Benefit payments in their baby's first year, according to HMRC's figures.

21 May 2026

Crime against business putting growth at risk

Decisive action is needed to tackle the 'hidden threat' of crime against businesses, which is damaging growth, according to the British Chambers of Commerce (BCC).

20 May 2026

Dip in inflation rate likely to be 'temporary quirk'

April's slowdown in the rate of inflation?is?likely to be a 'temporary quirk' rather than a 'signal?on the direction of travel', says the British Chambers of Commerce.

19 May 2026

Late payment legislation is 'historic' moment

The UK government's formal commitment to legislation to stamp out late payments is an historic moment, according to the Federation of Small Businesses (FSB).

18 May 2026

Iran war could cost Treasury up to £8 billion a year

Prolonged conflict in the Middle East could cost the Treasury up to £8 billion a year through higher debt interest payments and lost tax revenue, warns the Institute for Public Policy Research (IPPR).

15 May 2026

Record number of taxpayers file self assessment in April

A record 737,891 taxpayers filed their 2025/26 self assessment returns in April, according to figures from HMRC.

14 May 2026

Economy grew by 0.6% in first quarter of the year

The UK economy grew by 0.6% in the first quarter of 2026, according to the latest data from the Office for National Statistics (ONS).

13 May 2026

'Disproportionate tax burden' closing two pubs a day

A total of 161 pubs closed across Britain in the first three months of 2026, an equivalent of almost two a day, according to figures from the British Beer and Pub Association (BBPA).

12 May 2026

Government must fix 'broken business rates'

The government must take the chance to fix the UK's broken business rates system, says the British Chambers of Commerce (BCC).

11 May 2026

ICAEW encourages taxpayers to sign up to Making Tax Digital

Taxpayers who are required to use Making Tax Digital (MTD) for Income Tax from April 2026 should sign up now if they haven't done so already, says the Institute of Chartered Accountants in England and Wales (ICAEW).

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