Businesses have been banned from withholding tips or service charges from their staff under new rules that came into force on 1 October.
https://t.co/gM9PFwlqrU
More than 10,000 payments worth £12.5 million have been made through a new digital service to boost people's state pension, HMRC has revealed.
https://t.co/hcey1LKjZk
Over three million workers will receive a pay boost after Chancellor Rachel Reeves confirmed the National Living Wage will increase from £11.44 to £12.21 an hour from April 2025.
https://t.co/e72vjsoe55
The new Growth and Skills Levy must end the 'cycle of policy failure' in addressing Britain's chronic skills shortages, according to the Resolution Foundation.
https://t.co/w4v0e9DVnG
The Confederation of British Industry (CBI) said that the Chancellor 'had difficult choices to make to deliver stability for the economy'.
https://t.co/saHrkgMULi
The government's Make Work Pay Bill lacks a pro-growth element and will increase economic inactivity, the Federation of Small Businesses (FSB) has warned.
https://t.co/ZicNHDS5ed
Chancellor Rachel Reeves pledged to 'invest, invest, invest' to drive growth and 'restore economic stability' in the Autumn Budget.
https://t.co/p9D31SJBVl
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A report published by the National Audit Office has found that HMRC's Making Tax Digital initiative is expected to cost around £1 billion more than its initial £226 million budget.
https://t.co/KCTF3LCudT
The number of people paying income tax at 40% or above will reach 7.8 million by 2027/28, according to research published by the Institute for Fiscal Studies.
https://t.co/JK2PGGlqnr
Following the Bank of England's latest increase in the base rate, HMRC has increased both late paid tax and the rate paid on repayments of tax.
https://t.co/hvfeOjo9Ub
The UK rate of inflation fell to 8.7% in April from 10.1% in March, according to the latest data from the Office of National Statistics (ONS).
https://t.co/dQL4TZsb4f
The Federation of Small Businesses (FSB) has urged energy suppliers to renegotiate fixed contracts for small firms on market-peak tariffs.
https://t.co/jqEPNwCHMK
The number of self assessment taxpayers filing their tax return on the first day of the tax year has more than doubled since 2018.
https://t.co/MTiNNXIeTQ