Latest News for Business Click on a headline to read the full story. 09 Aug 2026Don't ignore Simple Assessment letters, says HMRCHMRC has urged customers not to ignore Simple Assessment letters for the 2025/26 tax year. 09 Aug 2026Government announces VAT will be cut from household electricity billsThe government recently announced that VAT will be cut from household electricity bills from 1 October in time to impact the next Ofgem price cap. 09 Aug 2026HMRC reminds people with side hustles to register for self assessmentHMRC is reminding people with side hustles that they will need to tell it if they earn more than £1,000. 09 Aug 2026Government unlocks major finance package for small businessesSignificant reforms to small business finance have been announced by the government. 09 Aug 2026Government steps up drive to reconnect young people with £1.6 billion in unclaimed savingsThe government is stepping up its efforts to reconnect young people with unclaimed savings in Child Trust Funds (CTFs). 09 Aug 2026Targeted subsidies are needed for firms to tackle Britain's NEETs crisisTargeted subsidies, rather than expensive tax breaks, are the most cost-effective way of supporting employers to get young people into work, according to Resolution Foundation analysis. 09 Aug 2026HMRC still has a long way to go on customer service, says CIOTHMRC's performance data for 2025/26 shows it has made progress on customer service but still has a way to go, according to the Chartered Institute of Taxation (CIOT). 09 Aug 2026Prime Minister cuts business rates for pubs, clubs and music venuesPrime Minister Andy Burnham has slashed business rates for pubs, clubs and live music venues in England by 20%. Archive NewsClick here to access our full archive
