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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Inflation slows more sharply than forecast

The economy

Year to July 2021 inflation rate hovers above 2% target.

Govt. considers raising NICs for 2022/23

PAYE and NI

National Insurance rates could rise 1% from April.

Inheritance tax receipts bounce back

Personal tax

33% more taxpayers hit by IHT charges.

UK house prices fall by 0.3%

The home

House prices drop for the first time in 2021.

UK economy grows as COVID-19 restrictions ease

The economy

Hospitality and retail bounce back in Q2 2021.

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