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Tax news in brief
Highlights from the broader tax news for the week ending 28 October 2025, including: a reminder for employers that the November 2025 payment deadline falls on a weekend; and improved HMRC guidance to help with compliance checks.


Exports: what you can learn from record £1m sanctions fine
A UK exporter paid the price when selling goods to a company incorporated in Russia operating in a third country. The case highlights the need for businesses to completely understand sanctions rules and their implications.


Directors’ reports to be scrapped and more companies to be exempt from strategic reports
In a package of reforms aimed at reducing bureaucracy and supporting businesses growth, the UK government has announced plans to remove the requirement for companies to prepare a directors’ report as part of their annual report and accounts.


How do you make cyber training stick?
If cyber security training is to be relevant and effective, business owners and organisation leaders must ensure that it is specifically tailored to how their companies work and the risks they face on any given day.


Hackers almost breached this firm’s systems. Here’s what they learned
Security experts at a mid-tier audit firm knew they had to act swiftly when they discovered an attempt on their own system, in which their servers were almost breached by cyber criminals, and used it as a lesson to bolster their own security and training across the business.


Ethics: four questions to assess company culture
When stepping onto a board or taking up a leadership role, how do you assess the ethics of the organisation? Here are the key questions you need to ask.
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