Millions of people across the UK are at risk of penalties after HM Revenue & Customs (HMRC) revealed that 5.4 million taxpayers have yet to submit their self-assessment tax return.
Category: In Business
Advice on growing your small and medium sized business, SME, in the UK. Hiring and managing staff and finance plus marketing all on one website
UK support at global tech show less than Ukraine in puzzling move
Britain’s presence at CES, the world’s largest technology trade fair, has dwindled in recent years, according to the event’s organiser.
HMRC calls on businesses to come clean about accidental R&D tax overclaims
HMRC launches new disclosure service to tackle accidental R&D tax overclaims, with firms urged to come forward if they overstated relief.
Five months of travel chaos loom as Avanti staff vow Sunday walkouts
Avanti West Coast faces five months of Sunday strikes by train managers after a rejected pay offer. Discover how this RMT-led action threatens further disruption on Britain’s West Coast Main Line from 12 January to 25 May.
Shops and restaurants brace for record employment tax surge after Reeves’s budget raid
Shops and restaurants face record staff tax bills in 2025 as new Budget measures raise employer National Insurance and minimum wage costs. Discover how this “tax on jobs” impacts businesses and staff, amid calls for a delay and reform.
Labour’s VAT on private school fees set to cool house prices in London’s affluent enclaves
Affluent London postcodes could see cooling house prices as Labour’s VAT on private school fees prompts families to relocate. Experts predict a 4% drop in prime central London amid rising education and mortgage costs.
David Lloyd adds desks and spas so members can work, rest and play
David Lloyd Leisure boosts its “work, rest and play” strategy with new dedicated workspaces and luxury spa facilities. Read how this upmarket fitness chain is investing £500 million in expansion and upgrading clubs for its 750,000 members.
Women who work from home risk career setbacks, warns Nationwide CEO
Nationwide CEO Debbie Crosbie warns that women who regularly work from home risk missing out on career opportunities and promotions.
UK employers urged to adopt fertility policies or risk losing talented staff
Growing numbers of UK workers face fertility challenges, yet few employers have formal fertility policies. The Chartered Management Institute and Fertility Network UK say supportive workplace measures could curb high turnover and retain valued talent.
‘Poor maths skills’ blamed for rising benefits bill, says Santander UK boss
Santander UK chairman William Vereker warns that Britain’s high benefits bill partly stems from poor financial literacy.
High street job losses climb to 170,000 amid rising tax burdens
High street retailers shed a record 170,000 jobs in 2024 amid rising tax pressures and cautionary consumer spending. Discover how looming hikes in business rates and National Insurance threaten the UK retail sector’s recovery.
Online traders face crucial HMRC deadline as eBay sellers risk large tax bills
eBay sellers and online traders face tax scrutiny from HMRC under new reporting rules, with a 31 January 2025 filing deadline. Missing the self-assessment window could bring penalties of up to 70% plus interest. Learn how to stay compliant and avoid hefty tax bills.
Labour backs £15m rescue fund to tackle food waste and feed those in need
Labour ministers confirm a £15m fund to redirect surplus farm produce to charities, tackling the UK’s food waste problem over Christmas and beyond. Find out more about the grants and how they aim to help those in need.
Steel industry urges government to choose British in offshore wind expansion
The UK steel industry is calling on ministers to prioritise British-made steel in offshore wind projects. Discover why homegrown production could spur jobs, investment and energy security.
Living standards to stagnate in 2025 despite hopes for better public services, warns thinktank
UK households face flat or falling incomes in 2025, with the chancellor banking on improved public services to offset financial pressures.
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