HMRC letters target management expense claims

Holding companies urged to correct any incorrect tax relief.

HMRC reviews directors’ loan account tax relief

HMRC asks agents to carry out checks.

Retailers urge Budget to restore business confidence

Rates reform top of independent retailers’ Budget asks.

Employer NIC hike drives record May job losses

Rising hiring costs slow employment and widen skills gaps.

Business tax arrears hit £28bn a month

Rising employer NI and tariffs deepen debt worries.