NI hike to raise employer costs by 60%

Businesses face tax and wage hikes from next tax year.

Employers to pay 60% more in NICs

Higher NICs and increased minimum wage add to rising costs.

HMRC launches R&D tax disclosure scheme

HMRC opens new scheme for excess R&D claims.

UK businesses using tax havens halves

Fewer companies avoid UK tax through offshore schemes.

R&D tax relief falls for SMEs

Fraud clampdown and reduced claims impact SME relief uptake.