Late payment penalties for taxpayers announced in Spring Statement

Higher fines and interest from April 2025.

New Companies House registration rules for accountants

Identity verification to be phased in from April 2025.

Updates to Employment Rights Bill passed

Tribunal claims, guaranteed hours, fire, and rehire all updated.

HMRC cuts late payment interest to 7%

Late payment and repayment rates reduced from 25 February.

Bank of England cuts interest rates to 4.5%

Inflation forecast to rise as economy stalls.