
IMF says UK tax burden is rising faster than any other Western economy
IMF forecasts show the UK tax burden reaching a peacetime high of 41.9 per cent of GDP, the fastest rise in the West, ahead of John Healey's first Budget.
The latest news affecting small and medium sized (SME) businesses in the UK

IMF forecasts show the UK tax burden reaching a peacetime high of 41.9 per cent of GDP, the fastest rise in the West, ahead of John Healey's first Budget.

Jonathan Reynolds says decisions on Chinese EV tariffs rest on the UK interest, not EU pressure, and denies Britain is a back door to the single…

John Healey is reportedly preparing an online marketplace VAT crackdown that would make platforms such as Amazon and eBay collect tax owed by sellers.

AI minister Kanishka Narayan warns a major AI cyberattack on the UK is inevitable and urges AI labs to strengthen safeguards before releasing new models.

Reports of Bumble takeover talks valuing the dating app at $1bn sent its shares up almost 50 per cent, with a deal with Ithaca possible this…

The GE Aerospace Prestwick aircraft repair site is to get a new 55,000 sq ft building in a £57m expansion the company expects to create about…

The Cabinet Office IR35 liability stands at £38.5m after HMRC concluded the department failed to take reasonable care with its contractor tax affairs.

Susie Ma, the Tropic Skincare founder and 2011 Apprentice finalist, has replaced Touker Suleyman on BBC's Dragons' Den and has filmed the next series.

Sir Peter Wood, the Direct Line and Esure founder, has moved his tax residence from the UK to Florida and says the switch brings "no meaningful…

A taskforce chaired by the LSE chief has told the chancellor the London stock market needs tax incentives to stop Britain losing companies it creates.

Andy Burnham will argue for closer EU integration at the UK-EU summit, and sets out his positions on defence, the Budget, AI and young people and…

Harvey Nichols Birmingham is to close in January with at least 60 jobs lost, as owner Frasers Group rebrands the Leeds and Bristol stores as Flannels.

Shein UK sales rose 26 per cent to £2.58bn last year, taking the retailer past Asos, as the £135 duty-free parcel rule is due to end…