Weekly Business News - 10 Nov 25

An overview of recent UK business and tax news, focusing primarily on anticipated fiscal changes and compliance requirements. A major theme is the speculation surrounding potential tax rises in the upcoming Budget, driven by the Chancellor's speech outlining priorities like reducing national debt and improving the cost of living, which suggests the need for increased revenue. The sources also detail mandatory identity verification for company directors and Persons with Significant Control (PSCs) beginning in November 2025, a measure intended to reduce economic crime. Furthermore, the texts cover the increasing usage of the HMRC app for tax management and discuss government support initiatives, including free recruitment assistance from Jobcentre Plus and new tools launched by Skills England to help businesses develop AI-related workforce skills.

Simply Accounts & Tax

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