Episode Details

This week's business updates regarding UK regulatory compliance and the national economic landscape. Small businesses are encouraged to utilise new free training from the ICO to bolster data protection standards and earn certification.

Simultaneously, HMRC reports that while many have adopted Making Tax Digital, a significant portion of taxpayers must still register to meet legal requirements for income tax.

The labour market is experiencing a slowdown in recruitment, with job vacancies hitting a twelve-year low as firms struggle with rising operating costs.

Furthermore, employers are urged to adapt to the Employment Rights Act 2025, which introduces phased changes to sick pay and parental leave.

Finally, data from the British Chambers of Commerce reveals a cost of business crisis, indicating that government policy has significantly increased expenditure for SMEs over the last decade.

Simply Accounts & Tax

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