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06 Dec 2025
Chancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget.
HMRC is urging those making money from Christmas crafts, seasonal market stalls, or selling festive items to check if they need to report their earnings.
The Chartered Institute of Taxation (CIOT) has urged the government to implement a transitional rule to allow older farmers and other business owners to gift assets to the younger generation.
Official statistics have overstated the size of the UK's self-employed population for two decades, according to the Institute for Fiscal Studies (IFS).
UK bank customers will benefit from an increase to the maximum amount they would be reimbursed for if their bank were to fail.
The British Chambers of Commerce (BCC) has warned that the UK could fall behind in the race to achieve net zero.