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August 27, 2026
Cost of business crisis for British SMEs

UK businesses are facing a “cost of business crisis”, according to the British Chambers of Commerce (BCC). Its new cost-stack calculator shows government policy alone has pushed up an average firm's expenses by 70% over the past decade, adding roughly £827,000 a year in costs for a typical mid-sized business. About a quarter of the rise stems from the increase in employer National Insurance contributions, with the higher minimum wage and mandatory pension auto-enrolment also major contributors.

August 26, 2026
Making Tax Digital for Income Tax first quarter statistics published

Under Making Tax Digital (MTD) for Income Tax, sole traders and landlords with income of more than £50,000 have been required to keep digital records and send quarterly updates to HMRC since 6 April 2026.

August 24, 2026
UK vacancies fall to lowest level since 2014 as hiring slows

The UK jobs market showed fresh signs of strain in the latest labour market figures, published by the Office for National Statistics on 18 August 2026.

August 20, 2026
Do you need to pay tax on your side hustle?

Those who have turned their hobby into a side hustle are being reminded by HMRC that their income from these activities may be taxable.

August 19, 2026
ICO raids properties in crackdown on nuisance car finance marketing

The Information Commissioner's Office (ICO) has carried out searches at residential and business premises across the UK as part of an investigation into suspected nuisance marketing linked to car finance mis-selling claims.

August 18, 2026
Why every business needs a 12-month profit improvement plan

Many businesses start the year with ambitious sales targets. The problem is that increased sales do not always translate into increased profits.

August 13, 2026
Playday: HMRC remind parents to use the Tax-Free Childcare Scheme

HMRC is using Playday, the national day for play, to remind working parents about the Tax-Free Childcare scheme, which can help eligible families meet the cost of nurseries, childminders, holiday clubs, breakfast clubs and after-school clubs.

August 12, 2026
AI pricing leaves businesses struggling to predict costs

According to a BBC report, businesses investing in Artificial Intelligence (AI) are finding it increasingly difficult to predict what their technology bills will look like, as reliance on AI increases.

August 10, 2026
Date of Budget 2026 announced

The Chancellor of the Exchequer, John Healey, has announced that Budget 2026 will be presented on 28 October 2026.

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