Latest News for Business Click on a headline to read the full story. 07 May 2024MTD for Income Tax pilot now liveHMRC's pilot scheme for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is now live. 07 May 2024IR35 reforms taking their toll on skilled contractorsOne in ten highly skilled freelancers are currently out of work due to the impact of reforms to IR35 tax legislation. 07 May 2024Government urged to implement reforms to R&D tax systemThe government is being urged to implement reforms to the Research and Development (R&D) tax relief system in order to avoid hurting small companies by the Suffolk Chamber of Commerce. 07 May 2024HMRC clarifies tax rules for WFH commutingHMRC has updated guidance on when tax relief is available on travel expenses for staff who work from home. 07 May 2024HMRC launches online voluntary NICs payment serviceHMRC has launched a new online voluntary NICs payment service. 07 May 2024UK borrowing reduces Chancellor's wiggle roomHigher than expected government borrowing has reduced the Chancellor's 'wiggle room' at a pre-election Budget. 07 May 2024More than seven million adults still struggling to pay bills, finds FCAAround 7.4 million people in the UK struggled to pay a bill or a credit repayment in January, according to the Financial Conduct Authority (FCA). 07 May 2024Latest guidance for employersHMRC has published the latest issue of the Employer Bulletin. Archive NewsClick here to access our full archive