News

27/03/2024

HMRC halts helpline closures

HMRC has halted its plans to restrict taxpayer helplines and direct people to online services instead.

READ MORE

27/03/2024

NMW is the most successful policy

The introduction of the UK’s National Minimum Wage (NMW) in 1999 is the single most successful economic policy in a generation, according to the Resolution Foundation.

READ MORE

27/03/2024

Late payments on small businesses

Small UK firms are still being hampered by late payments, warns the Federation of Small Businesses (FSB).

READ MORE

23/03/2024

R&D Tax relief guidance

The Institute of Chartered Accountants in England and Wales (ICAEW) has stated that new guidance from HMRC on research and development (R&D) tax relief guidance ‘could be clearer’

READ MORE

22/03/2024

New measures aimed to fight fraud

New measures aim to ‘break the spell’ of financial fraudsters by giving payment providers more time, according to draft legislation published by the government.

READ MORE

22/03/2024

Tax-Free Childcare Scheme

HMRC is urging working parents to make use of its Tax-Free Childcare (TFC) scheme to help save on Easter childcare costs.

READ MORE

15/03/2024

Spring Budget the political reaction

Addressing the House of Commons, Chancellor Jeremy Hunt used the 2024 Spring Budget to announce a ‘Budget for long-term growth’, announcing an employee national insurance tax cut from 10% to 8% in April; an increase to the High Income Child Benefit Charge from £50,000 to £60,000; and the abolition of the non-dom tax regime, which will be replaced with a fairer system from April 2025

READ MORE

14/03/2024

Tax cuts will not compensate says IFS

The Institute for Fiscal Studies (IFS) has warned that the tax cuts announced in the 2024 Spring Budget will not compensate for tax rises and price increases.

READ MORE

14/03/2024

Increase in Landfill Tax rate

The Chancellor’s recent Spring Budget introduced a 21% rise in Landfill Tax rates, with the standard rate set to increase to £126.15 in 2025/26.

READ MORE