Listen "Monthly Business News - October 25"
Episode Synopsis
This "Monthly Newswire," provide a broad overview of several important financial, regulatory, and economic updates relevant to businesses and pensioners in the UK. Financially, the text explains that the State Pension is set to rise significantly due to the triple lock guarantee, but warns that this increase, coupled with a frozen personal tax allowance, will cause more retirees to face income tax. For compliance, there is an announcement that Companies House WebFiling is switching to the GOV.UK One Login system from October 2025, requiring businesses to update their access methods. Furthermore, the news highlights the growing economic importance of the YouTube creator economy, reporting that it contributed £2.2 billion to the UK economy in the previous year. Finally, the sources touch on upcoming regulatory changes, including business rates revaluations coming in 2026, the near-passage of the Employment Rights Bill, and a reminder from the ICO for businesses to strengthen cyber security measures against increasing threats.Simply Accounts & TaxE: [email protected]: www.simplyaccountsandtax.com YouTube
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