Business news
Points-based penalties planned for self-assessments
HMRC will introduce the reforms in 2026.
Rural SMEs struggle with business costs
37% of firms reported a 10% increase in operating costs.
UK economy saw no growth in February
Economic outlook “brighter than expected”, despite slow progress.
R&D claims to require more information
Companies will need to fill out an additional form from August.
Industry leaders question “tax simplification”
There are concerns over the Government’s commitment.
Digital services tax could become permanent
MPs warn that tech companies could avoid paying.
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