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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Minimum wage increases planned for 2025
Age-based wage gap is to be gradually removed.Government scraps British ISA plan
Concerns over market complexity led to the decision.Non-dom exodus feared due to tax reforms
UK faces potential loss in tax revenue as non-doms exit.HMRC clarifies the higher rate for SDLT refunds
Guidance released on refunds after house sales.Government extends support for vulnerable households
£421m boost for local authorities in England.New HMRC advisory fuel rates
Updated fuel rates impact UK company-car drivers.Crypto investors urged to review tax obligations
HMRC targets crypto gains with ‘nudge letters’ initiative.Tax hike fears trigger asset sell-offs
Investors brace for capital gains tax increase.Labour’s plan to ‘Make Work Pay’
Mixed reactions from leaders on new employee rights bill.Backlash over pension credit and winter fuel payments
Pensioners encouraged to claim support amid rising costs.