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The voluntary and community sector will be able to apply for grants from HMRC to support their work with taxpayers who need extra assistance with their tax affairs.

Eligible organisations…

New company car advisory fuel rates have been published and took effect from 1 September 2023.

The guidance states: 'you can use the previous rates for up to one month from the date the…

The number of payments made with cash rose for the first time in a decade in 2022, according to data published by UK Finance.

According to UK Finance, the total number of payments made last…

UK inflation fell to a two-year low while the base rate of interest was unchanged by the Bank of England for the second month in a row.

The Office for National Statistics (ONS) found that…

The UK is at risk of recession after revised figures showed the economy shrank between July and September, according to data from the Office for National Statistics (ONS).

Gross domestic product,…

Tens of thousands more over 50s are now running their own businesses despite an overall decline in self-employment since 2020, according to the Association of Independent Professionals and the Self-Employed…

New guidance from HMRC on Research and Development (R&D) tax relief 'could be clearer', according to the Institute of Chartered Accountants in England and Wales (ICAEW).

HMRC's draft…

HMRC has updated guidance on when tax relief is available on travel expenses for staff who work from home.

The tax authority is responding to the growth of flexible or hybrid basis working…

UK taxpayers spent the equivalent of 800 years on hold to HMRC in 2022/23, according to a report published by the National Audit Office (NAO).

The report found that funding pressures, job…