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What are the latest stories impacting tax and accounting?

Whether it be news from the budget, or HMRCs digital reform plans, there are a wide range of regular news stories outlining the impact on individuals and businesses.

Bank of England cuts interest rates to 4.5%
February 7, 2025
Inflation forecast to rise as economy stalls.
Government AI rollout requires better collaboration
February 6, 2025
Departments urged to work together to reduce AI risks.
HMRC to scrap emergency tax codes for pensioners
February 5, 2025
Change aims to reduce tax errors for pension withdrawals.
PAYE hours reporting dropped by Treasury
February 5, 2025
Businesses spared extra admin, but dividend reporting stays.
8 in 10 businesses seeking AI growth
February 5, 2025
New report highlights AI investment and digital barriers.
1.1 million missed self assessment deadline
February 4, 2025
Despite a rush, over a million taxpayers failed to file on time.
Small employer relief rate for statutory pay rises to 8.5%
February 3, 2025
Higher compensation from April 2025 eases small business costs.
Treasury scraps PAYE hours reporting plans
January 31, 2025
Dividend reporting will go ahead in April 2025.
VAT on private school fees challenged in court
January 30, 2025
High Court to hear case in April over policy legality.
Banks challenge BoE’s loss-absorbing capital rules
January 29, 2025
Lenders argue requirements exceed international standards.