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Latest News for Business

A round up of topical news articles.

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HMRC investigations doubles additional tax from large businesses

HMRC's large business directorate has doubled the amount of tax revenue it collects, according to the National Audit Office (NAO).

HMRC takes £137 million in late payment interest

HMRC has taken in over £137 million from late payment interest so far for 2023/24, a freedom of information request from investment platform AJ Bell shows.

Hundreds of employers handed penalties for illegally underpaying workers

Almost 400 employers from across the UK have been named for failing to pay the minimum wage to tens of thousands of workers, says the government.

Grant boost for installing EV chargers for households and businesses

Renters, flat owners, homeowners without driveways and businesses will be able to save up to £500 when installing electric vehicle (EV) charge points, the government has announced.

Government unveils package of youth employment initiatives

The government has unveiled a youth employment drive that aims to create 200,000 jobs for young people and reform apprenticeships.

New tax year brings contentious changes

The start of the new tax year on 6 April 2026 brings contentious changes with it, warns the Chartered Institute of Taxation (CIOT).

HMRC website seeks to close tax knowledge gaps

HMRC has launched a new 'Tax Confident' website which it says will help people fill their tax knowledge gaps.

Should business succession inform commercial finance?

Like getting a pre-nup before a wedding, thinking about succession while still in business can often seem like prematurely looking for the door.

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Phipps Henson McAllister are registered to carry on audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England & Wales.

Details about our audit registration can be viewed at www.auditregister.org.uk for the UK, under reference number EWC008449569.

This firm is not authorised under the Financial Services and Markets Act 2000 but we are able in certain circumstances to offer a limited range of investment services to clients because we are members of the Institute of Chartered Accountants in England and Wales. We can provide these investment services if they are an incidental part of the professional services we have been engaged to provide.