Self assessment tax hits record £4.4bn rise for HMRC

HMRC collects £23bn more in taxes this tax year.

Late payment interest charges hit record £409.4m

Taxpayers face higher costs as HMRC rates rise.

HMRC call wait time down to 19 minutes

Webchat usage rises as phone calls decline.

Employers curb hiring amid rising employment costs

Rising NICs dampen business confidence and expansion plans.

8 in 10 businesses want AI growth

AI investment takes priority, but skills gaps remain.

Wage growth outpaces forecasts

Pay has risen despite fears over tax and wage hikes.

A third of employers intend to cut staff

Rising costs and tax changes impact recruitment.

Possible new tax registration rules for animal welfare sector

Thousands may need HMRC registration to renew licences.

PAC demands stronger action on tax evasion

MPs call for tougher fraud prevention measures.

Updates to Employment Rights Bill passed

Tribunal claims, guaranteed hours, fire, and rehire all updated.

HMRC compliance yield has fallen post-pandemic

Staff productivity drops as taxpayer numbers rise.

HMRC cuts late payment interest to 7%

Late payment and repayment rates reduced from 25 February.

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