Business news
Bigger rewards for tax fraud whistleblowers
HMRC will pay informants a share of the recovered tax.
Side hustle threshold to rise to £3k a year
Threshold increase simplifies tax for side income earners.
Beneficial loans rate increased to 3.75%
New HMRC rates affect arrangements from April 2025.
Free online accounts and tax filing service to close
Businesses must switch to commercial software by April 2026.
US tariffs could hit UK consumers
Bank of England warns of economic risks.
IR35 reforms raise £4.2bn extra tax
Stricter rules push more self-employed into PAYE roles.
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