Landlords and sole traders to receive letters from April. HMRC is set to inform taxpayers affected by Making Tax Digital (MTD) for Income Tax.

Business activity across the UK private sector has fallen again, with weak consumer spending weighing on companies.

HMRC’s clampdown on IR35 off-payroll working rules has raised £4.2bn in additional tax, National Insurance, and apprenticeship levy payments between October 2019 and March 2023.

The Government’s use of artificial intelligence (AI) is expanding, but departments must work together to manage risks effectively.

The Bank of England (BoE) has cut the base rate by 0.25%, bringing it to its lowest since May 2023.

From April 2027, unused pension pots and death benefits will be included in an individual’s estate for inheritance tax (IHT) purposes.

Following the Bank of England’s base rate cut to 4.5% on 6 February, HMRC will lower its late payment and repayment interest rates from 25 February.

Public and Commercial Services Union (PCS) members have announced strike action affecting HMRC's Benton Park View offices in Newcastle.

In 2024, over 400 estates donated at least £1 million to charities, contributing to a record-breaking total.

According to HMRC, nearly 92,800 people spent part of their Christmas break completing their tax returns.

Most UK businesses are optimistic about the start of 2025, with economic confidence surveys showing plans for growth following a difficult period. However, retail and hiring concerns linger.

Licensed gambling operators could face a new levy from April 2025, calculated as a percentage of their Gross Gambling Yield (GGY)

Two years after ChatGPT sparked a surge in artificial intelligence development, the Government has launched GOV.UK Chat, an experimental chatbot designed to deliver personalised, quick answers using information from relevant GOV.UK pages.

HMRC has urged taxpayers to be alert to scams as the self-assessment season picks up. Over the past year, nearly 145,000 scam attempts were reported, a 16.7% increase compared to the previous year.

HMRC has extended the processing time for agent services account (ASA) and VAT agent reference number applications to 40 working days – eight weeks – up from the previous 28 days.

The WorkWell programme aims to support health through work.

The Education Secretary, Bridget Phillipson, has announced an increase in tuition fees from £9,250 to £9,535 per year starting in September 2025.

HMRC has confirmed that double-cab pickups will be taxed as cars from April 2025, following the latest Budget announcement.

Monetary Policy Committee (MPC) reduces rates amid signs of easing inflation. This cut follows a previous hold, with the MPC voting to decrease rates from 5% to 4.75%.

There is concern that scrapping non-dom status could lead to wealthy individuals leaving the UK, undermining the expected revenue gains.