HMRC service quality declines in 2024
Dissatisfaction with helplines, webchat and guidance.
UK ends 142-year reliance on coal
The last coal power station closes, marking a green milestone.
R&D claims drop despite increased expenditure
Fewer businesses claim R&D tax credits as claim values rise.
Treasury rethinks non-dom tax status changes
Concern over revenue impact of scrapping non-dom status.
Private school VAT could affect 55% of parents
HNWIs reconsider private schooling due to increased fees and VAT.
Government targets late payments to protect SMEs
New rules aim to end crippling payment delays.
Economy stagnates for second consecutive month
Economic slowdown persists, defying growth predictions.
Capital gains tax receipts double
Higher property taxes prompt sales ahead of possible rate hikes.
Budget uncertainty dampens economic growth
Government’s first budget impacts business confidence.
HMRC chases directors for unpaid taxes
225% rise in liability notices issued to company directors.
Government plans late-payment crackdown
New measures introduced to boost small businesses’ cashflow.
Brexit red tape impacts goods trade
Smaller UK producers halt exports as trade costs increase.