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09 Jun 2025
HMRC has launched a new online interactive tool to help guide both businesses and individuals through tax compliance checks.
Almost 300,000 people filed their tax return in the first week of the new tax year, setting a new record, HMRC has revealed.
The UK's professional tax and accounting bodies have backed the adoption of e-invoicing in their responses to a government consultation.
HMRC will reduce late payment and repayment interest rates from 28 May following the 0.25% cut in the base rate earlier in the month.
Almost half of UK sole traders feel unprepared for upcoming Making Tax Digital (MTD) for Income Tax changes, according to research conducted by IRIS Software.
The government is introducing legislation to regulate cryptoassets and improve consumer protection for the asset class.