Latest News for Business Click on a headline to read the full story. 06 May 2025Sole traders and landlords get Making Tax Digital warningSole traders and landlords with an income over £50,000 have been warned that there is less than a year before they will be required to use Making Tax Digital for Income Tax (MTD for IT). 06 May 2025Loan charge review calls for evidenceThe independent review into the loan charge has issued a call for evidence with examples of promotional material and marketing leaflets a priority for the review team. 06 May 2025Companies House begins to verify identitiesA new service has been launched that allows individuals to verify their identity directly with Companies House through GOV.UK. 06 May 2025Chancellor unveils plans to maintain level playing field for British businessChancellor Rachel Reeves has said British businesses will be supported to trade freely as she takes action on practices that undercut fair trade, such as the dumping of cheap goods into the UK. 06 May 2025Tax red tape costs small businesses nearly £25 billion a yearTax compliance costs the UK's small businesses nearly £25 billion a year, according to recent research conducted by the Federation of Small Businesses (FSB). 06 May 2025Government calls time on red tape for pubs, clubs, and restaurantsPubs, clubs and restaurants will benefit from a reduction in the red tape that has stifled hospitality business, the government said. 06 May 2025Government taking right approach to tariff negotiationsThe UK government is taking the right approach to tariff negotiations with the US despite downgrades to the economic outlook, says the British Chambers of Commerce (BCC). 06 May 2025Latest guidance for employersHMRC has published the latest issue of the Employer Bulletin. Archive NewsClick here to access our full archive