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25/01/2024
Chancellor suggests taxes may be cut
Chancellor Jeremy Hunt has hinted that he may cut taxes in the upcoming Spring Budget.
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Almost 45,000 set up HMRC payment plans
Nearly 45,000 people have sorted self assessment tax bills totalling almost £148 million by setting up a payment plan, according to HMRC.
19/01/2024
Value of tax penalties surged by 25%
A Freedom of Information request has revealed that the value of tax penalties rose by 25% between 2022 and 2023.
Increase to cost of student loan
Research carried out by the Institute for Fiscal Studies (IFS) has revealed that the cost associated with financing the UK’s student loan system has increased by more than £10 billion per year.
AI will affect jobs and worsen inequality
The International Monetary Fund (IMF) has warned that artificial intelligence (AI) will affect 40% of all jobs around the world and ‘deepen inequality’.
10/01/2024
HMRC targets side hustles
A ‘side hustle tax’ came into force on 1 January aimed at those who sell second-hand goods online or let out their spare rooms.
Over 50s bucking decline in freelance
Tens of thousands more over 50s are now running their own businesses despite an overall decline in self-employment since 2020, according to the Association of Independent Professionals and the Self-Employed (IPSE).
04/01/2024
Spring Budget 2024 date confirmed
Chancellor Jeremy Hunt will deliver the 2024 Spring Budget on 6 March, the government has confirmed.
21/12/2023
Hybrid working is here to stay
Less than 30% of firms expect their workforce to fully return to the workplace over the next five years, according to research by the British Chambers of Commerce (BCC).
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