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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Nearly one in four over 40s have no pension
Figures show 16% of people aged 40 to 75 haven’t saved for retirement.Online payment plans help self-assessment customers
Almost 21,600 customers are paying their tax bill in monthly instalments.Tax hikes rumoured for the Autumn Statement
The delayed announcement will take place on 17 November.OTS addresses complications for landlords
Accountants welcome proposals for tax rule simplification.HMRC raises interest on tax debt
Late payment interest rising in line with Bank of England base rate.National Insurance reversal comes into effect
Most working people will receive the 1.25% tax cut from November.Base interest rate rises to 3%
The Bank of England introduces its largest hike in 33 years.HMRC reminds taxpayers to declare SEISS payments
More than 2.9 million people claimed SEISS payments in the 2021/22 tax year.Third of hospitality businesses at risk of going bust
Soaring energy and food prices are putting a strain on the sector.One in ten companies still file their accounts on paper
Record numbers of late penalties charged despite high compliance levels.
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