HMRC extends agent code submissions deadline

HMRC has extended the deadline for tax agents to submit their firm’s agent codes for self-assessment, VAT, and corporation tax. The new deadline of 6 December gives agents an extra four weeks after confusion arose over the original 8 November cut-off. The...

Small businesses face sharpest decline in recent years

The number of businesses operating in the UK has fallen over the past year, with small enterprises experiencing the most significant decline, according to a recent analysis by the Global Payroll Association (GPA). The study highlights a worrying trend in business...

Retailers warn about rising employment costs

The UK’s largest retailers have written to the Chancellor, Rachel Reeves, requesting an urgent meeting to address impending employment cost increases. Set to take effect from April 2025, these measures include a 1.2% rise in employer national insurance contributions...

Average house price drops by £5000 in November

UK house prices have fallen, with average asking prices dropping by £5,366 (1.4%) in November to £366,592, according to Rightmove. This decline surpasses the typical 0.8% dip seen at this time of year, driven by concerns over the Autumn Budget and the traditional...