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26/09/2024

Cash ISAs rocket in recent months

Savers deposited an additional £42 billion into cash ISAs in the first half of this year, data from Paragon Bank has revealed.

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20/09/2024

IPSE calls for fairer off-payroll rules

The Chancellor should use her Autumn Budget to make off-payroll working rules ‘fairer and more effective’, according to the Association of Independent Professionals and the Self-Employed (IPSE).

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20/09/2024

IoD outlines key policy changes

In a letter to Chancellor Rachel Reeves, the Institute of Directors (IoD) has outlined its key policy changes for the upcoming Autumn Budget.

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11/09/2024

£5.5 billion lost due to tax evasion

A report published by the National Audit Office (NAO) has found that £5.5 billion was lost due to tax evasion in 2022/23.

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11/09/2024

Scam complaints reach highest level

Data published by the Financial Ombudsman Service has revealed that fraud and scam complaints have hit their highest ever level.

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11/09/2024

Basic retirement rises

The average pension pot required for a basic standard of living in retirement has surged to almost £110,000 in just three years, according to research by the Resolution Foundation.

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06/09/2024

HMRC sends ‘nudge letters’

HMRC has ‘sent nudge’ letters to crypto investors who it suspects have failed to pay the correct tax on their gains, according to the Chartered Institute of Taxation (CIOT).

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06/09/2024

HMRC debunk some common myths

HMRC has clarified some common myths about self assessment tax returns. HMRC stated that there are ‘plenty of myths’ about who must file a self assessment return before the 31 January 2025 deadline. These include:

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06/09/2024

Scrap fuel duty cut says RAC

Motoring organisation the RAC has called for a 5p cut in fuel duty to be scrapped in the upcoming Autumn Budget on 30 October.

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REF: MC/NL/1.2