News

22/07/2024

Launch of VAT Registration Estimator

HMRC has launched a digital tool to help businesses estimate what registering for VAT may mean for them.

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04/07/2024

Fees charged on pension pot

Data published by investment adviser Moneyfarm has suggested that 50% of pension savers are unaware they are paying charges on their pension pots.

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04/07/2024

Average earnings only £16 higher

Research carried out by the Resolution Foundation has found that real average earnings are just £16 a week higher than they were 14 years ago.

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27/06/2024

Tax gap at record high

The UK’s tax gap rose to a record to £39.8 billion in 2022/23, up by £1.7 billion as small businesses accounted for almost two thirds of unpaid tax, according to HMRC’s data

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27/06/2024

Tax rises will be difficult to avoid

The Institute for Fiscal Studies (IFS) has warned that tax rises will be difficult to avoid in the next five years.

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27/06/2024

G7 on UK's investment performance

Data published by think tank the Institute for Public Policy Research (IPPR) has found that the UK’s investment performance is worse than every other country in the G7

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21/06/2024

Extend company car benefit-in-kind

The next government should prioritise extending the company car benefit-in-kind (BIK) taxation tables, the Association of Fleet Professionals recently stated.

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21/06/2024

Offshore tax evasion data revealed

A Freedom of Information (FOI) request has revealed that HMRC has not fined a single ‘enabler’ of offshore tax evasion in five years.

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12/06/2024

Underestimating cost of retirement

Research carried out by pension provider Pension Bee has suggested that UK savers are ‘dangerously underestimating’ the minimum amount needed to retire.

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