News

10/09/2026

Criminalising tax mistakes could hit low-income taxpayers

HMRC’s proposal to make it easier to prosecute taxpayers could have a detrimental impact on low-income unrepresented taxpayers, warns the Low Incomes Tax Reform Group (LITRG).  

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10/09/2026

240 crypto millionaires revealed by HMRC data

Declarations of over £1 million in capital gains from cryptoassets in the 2024/25 tax year were made by 240 individuals, according to data published by HMRC.  

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10/09/2026

Growth outlook affected by weak business investment

The latest economic forecast published by the British Chambers of Commerce (BCC) has revealed that the growth outlook for the UK has been affected by weak business investment.  

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26/08/2026

Prime Minister urged to reverse IHT changes at Autumn Budget

Prime Minister Andy Burnham has been urged to reverse changes to Inheritance Tax (IHT) at the upcoming Autumn Budget.  

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26/08/2026

UK inflation increases to highest rate in four months

The UK rate of inflation has risen to 2.9% - its highest level in four months.  

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26/08/2026

Data shows UK economy grew between April and June

The UK economy grew by 0.4% between April and June, official data has revealed.  

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17/08/2026

Trade body calls for Prime Minister to drop tourist tax plans

Trade body UK Hospitality has urged Prime Minister Andy Burnham to shelve plans to expand the so-called ‘tourist tax’ across the UK.  

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17/08/2026

HMRC updates guidance on reduced VAT rate for summer holidays

HMRC has updated its guidance on the temporary reduced rate of VAT applicable to children’s meals, family attractions and tickets.  

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17/08/2026

Recruitment of permanent staff stops falling for first time in four years

Analysis carried out by the Recruitment and Employment Confederation (REC) has revealed that recruitment of permanent staff stopped falling in July for the first time in almost four years.  

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