Follow the links below to the relevant news article.  All the latest news affecting businesses

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• FSB calls on Liz Truss to help small businesses: Click Here for more.

• CIOT calls on next PM to make ‘vital’ improvements to tax system: Click Here for more.

• Small business owners suffering from 'sleepless nights' as nine in 10 say profits are hit by soaring material and energy costs: Click Here for more.

• Finance professionals struggle with MTD, survey shows: Click Here for more.

• UK to enter recession this year, British Chamber of Commerce says: Click Here for more.

• HMRC chases 4,000 taxi drivers for unpaid tax: Click Here for more.

• HMRC Responds to Public Accounts Committee report into  IR35: Click Here for more.

• Cafe in Northampton Railway Station will have to close if HMRC repayment remains at £17,000. Click Here for more.

• Britain starts to turn out the lights: Click Here for more. 

• ‘I can’t sleep’: the small business owners struggling to pay energy bills: Click Here for more.

• Liz Truss 'mulls emergency tax cuts including huge 5% VAT reduction to ease Britain's cost-of-living crisis': Click Here for more.

• how can I cut my tax liabilities before I die?: Click Here for more.

• HMRC issues step-by-step guides to trust registration: Click Here for more.

• Why small businesses are fearing the worst: https://news.sky.com/story/why-small-businesses-are-fearing-the-worst-12676070

• ‘HMRC denied banks access to data that could have prevented Covid loans fraud’: https://www.standard.co.uk/news/uk/hmrc-british-business-bank-barclays-hsbc-government-b988244.html

• Self-employed cause £1.4 billion hole in HMRC accounts: https://www.standard.co.uk/business/selfemployed-could-be-causing-ps1-4-billion-hole-in-hmrc-accounts-b1015981.html

• UK companies braced for recession as spending slows and costs soar: https://www.ft.com/content/9ab6fc4a-b05e-44e0-b07f-c02d3350ec28

• UK watchdog launches full inquiry into soaring petrol and diesel prices: https://news.sky.com/story/refineries-in-focus-as-uk-watchdog-launches-full-inquiry-into-fuel-prices-12648043

• six charts that show how the uk economy is in crisis: https://www.theguardian.com/business/2022/jul/08/six-charts-that-show-how-the-uk-economy-is-in-crisis

• A very British election begins: https://www.ft.com/markets

• HMRC victory in Alan Parry tax case raises uncertainty for freelance workers: https://www.ft.com/content/bbdf8409-07b7-4293-91d9-648955bf04cb

• HMRC chaos sees workers waiting months for tax refunds worth thousands of pounds: https://www.walesonline.co.uk/news/uk-news/hmrc-chaos-sees-workers-waiting-24449890

• Petrol prices: Calls for more help as cost to fill a tank hits £100: https://www.bbc.co.uk/news/business-61743734

• UK economic growth will 'grind to a halt' and 10% inflation on the way, says British Chambers of Commerce: https://news.sky.com/story/uk-economic-growth-will-grind-to-a-halt-and-10-inflation-on-the-way-says-british-chambers-of-commerce-12630468

• New powers introduced as HMRC targets till fraud: https://www.gov.uk/government/news/new-powers-introduced-as-hmrc-targets-till-fraud

• Brexit bonfire of EU rules set to spark ‘chaos’ for UK business, ministers warned: https://www.independent.co.uk/news/uk/politics/brexit-eu-laws-rees-mogg-b2091659.html

• Thousands of UK workers begin world’s biggest trial of four-day week: https://www.theguardian.com/business/2022/jun/06/thousands-workers-worlds-biggest-trial-four-day-week

• The cost of filling a tank of petrol hits £98 for first time in history - and prices are still climbing: https://news.sky.com/story/petrol-prices-keep-climbing-to-new-record-adding-0-6p-in-24-hours-12629247

• Tax credits customers warned about scammers posing as HMRC: https://www.gov.uk/government/news/tax-credits-customers-warned-about-scammers-posing-as-hmrc

• HMRC wins disguised remuneration tax avoidance case: https://www.gov.uk/government/news/hmrc-wins-disguised-remuneration-tax-avoidance-case

• Fuel prices reach new record highs: https://news.sky.com/story/fuel-prices-reach-new-record-highs-with-petrol-at-171-1p-a-litre-and-diesel-at-181-6p-data-shows-12622420

• 'Wrong tax at wrong time!': https://www.express.co.uk/news/politics/1613918/Boris-Johnson-Rishi-Sunak-crisis-National-Insurance-tax-rise-cost-of-living-updates

• High street retailers pay 755% more in rates than online rivals, research shows: https://news.sky.com/story/high-street-retailers-pay-755-more-in-rates-than-online-rivals-research-shows-12619442

• KPMG hit by latest in string of fines over Rolls-Royce bribery scandal: https://news.sky.com/story/kpmg-hit-by-latest-in-string-of-fines-over-rolls-royce-bribery-scandal-12618904

• Recession fears grow as rising prices hit spending: https://www.bbc.co.uk/news/business-6141938

• Food shortages could force 'a third' of fish and chips shops to close: https://news.sky.com/story/food-shortages-could-force-a-third-of-fish-and-chips-shops-to-close-12613442

• Scottish Power boss urges £1,000 bill cut for 10 million: https://www.bbc.co.uk/news/business-61373482

• Interest rate raised to 1% by Bank of England despite issuing warning of recession: https://news.sky.com/story/interest-rate-raised-to-1-by-bank-of-england-hitting-13-year-high-12605700

• Tax cuts could be announced before summer recess at the end of July: https://news.sky.com/story/tax-cuts-could-be-announced-before-summer-recess-sky-news-understands-12610861

• HMRC locks out taxpayers from their online accounts: https://www.theguardian.com/money/2022/apr/23/hmrc-locks-out-taxpayers-from-their-online-accounts

• https://www.express.co.uk/news/politics/1603980/uk-tax-news-boris-johnson-rishi-sunak-cost-of-living-crisis-national-insurance: https://www.express.co.uk/news/politics/1603980/uk-tax-news-boris-johnson-rishi-sunak-cost-of-living-crisis-national-insurance

• HMRC urges caution as fraudsters seek to hijack personal tax accounts: https://www.gov.uk/government/news/hmrc-urges-caution-as-fraudsters-seek-to-hijack-personal-tax-accounts

• Inheritance tax: Rishi Sunak's crackdown sparks fury - 'Show some compassion': https://www.express.co.uk/finance/personalfinance/1605457/inheritance-tax-news-rishi-sunak-crackdown-wealth-cost-of-living-uk-spt

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