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.