Latest News for Business Click on a headline to read the full story. 05 Nov 2025Chancellor should use Budget to reform tax system, IFS saysChancellor Rachel Reeves should use the Autumn Budget to reform the UK's tax system, says the Institute for Fiscal Studies (IFS). 05 Nov 2025HMRC to resume taking tax owed by debtors directly from their bank accountsHMRC has resumed its programme allowing direct recovery of money from debtors' bank accounts. 05 Nov 2025Countdown to Vaping Products Duty beginsThere is now less than a year until the UK Government introduces Vaping Products Duty (VPD) and vaping duty stamps (VDS) on 1 October 2026. 05 Nov 2025Expert Advisory Panel to provide industry insight on R&D tax reliefHMRC has appointed six independent industry specialists to a new Research and Development (R&D) Expert Advisory Panel. 05 Nov 2025Digitally excluded can apply for MTD for Income Tax exemption nowHMRC has opened up a service for landlords and self-employed to apply for exemption from Making Tax Digital (MTD) for Income Tax phase one. 05 Nov 2025New tax avoidance law risks missing target, warns CIOTNew legislation aimed at tackling rogue tax agents and those pushing tax avoidance schemes won't catch all of those it is aimed at, warns the Chartered Institute of Taxation (CIOT). 05 Nov 2025Over 750,000 young people yet to claim savingsOver 750,000 18-to-23-year-olds have yet to claim their matured Child Trust Funds, according to HMRC. 05 Nov 2025Latest guidance for employersHMRC has published the latest issue of the Employer Bulletin. Archive NewsClick here to access our full archive