Latest News for Business Click on a headline to read the full story. 09 Mar 2025Government consults on mandatory e-invoicingThe government has launched a consultation on plans for the rollout of electronic invoicing (e-invoicing) in the UK. 09 Mar 2025Proposed HMRC powers to collect data on hours worked scrappedThe government has stopped controversial plans to collect information about the exact hours worked by every employee in PAYE returns. 09 Mar 2025Business tax compliance costs £15 billion a yearAn increasingly complex tax system is costing UK businesses an estimated £15.4 billion a year in compliance, according to a report from the National Audit Office (NAO). 09 Mar 2025Tailored tax reliefs boost alcohol sectorThe government has introduced a package of support that it says will help the alcohol sector to grow. 09 Mar 2025Businesses warn of National Insurance 'powder keg'The overwhelming majority of businesses say the rise in employers' NICs will force them to change their plans, according to research by the British Chambers of Commerce (BCC). 09 Mar 2025HMRC cuts late and repayment interest ratesHMRC will reduce late payment and repayment interest rates from 25 February following the cut in the base rate. 09 Mar 2025Latest guidance for employersHMRC has published the latest issue of the Employer Bulletin. 09 Mar 2025Advisory fuel rates for company carsNew company car advisory fuel rates have been published and took effect from 1 March 2025. Archive NewsClick here to access our full archive