News

04/06/2025

IFS outlines ‘decisions’ for Spending Review

Ahead of the 2025 Spending Review on 11 June, the Institute for Fiscal Studies (IFS) has outlined four ‘big decisions' for the government to make.

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04/06/2025

HMRC names and shames

HMRC recently named and shamed UK employers who have failed to pay their employees the National Living Wage (NLW) or the National Minimum Wage (NMW)

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04/06/2025

Chancellor outlines pension ‘megafunds’ plans

Chancellor Rachel Reeves has set out government plans to double the number of so-called pension ‘megafunds’ by 2030

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28/05/2025

No cuts to ISA allowance confirmed

Chancellor Rachel Reeves has confirmed that the annual tax-free ISA allowance won’t be reduced from £20,000.

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28/05/2025

Household Support Fund ‘needs reform’

Think tank the Resolution Foundation has stated that the Household Support Fund needs renewing and reforming to ensure it continues to help families through the cost-of-living squeeze.

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28/05/2025

Borrowing ‘increases prospect of tax rises’

Experts have warned that recent higher than anticipated government borrowing figures have increased the prospect of Chancellor Rachel Reeves raising taxes at the next Budget.

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21/05/2025

Sole traders unprepared for MTD

Almost half of UK sole traders feel unprepared for upcoming Making Tax Digital for Income Tax (MTD) for Income Tax changes, according to research conducted by IRIS Software

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21/05/2025

One in ten people have no cash savings

A survey carried out by the Financial Conduct Authority (FCA) has found that one in ten individuals have no cash savings at all.

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21/05/2025

Reminder to extend Child Benefit online

Parents of 16 to 19-year-olds will receive reminders from HMRC to extend their Child Benefit claim by 31 August if their child is staying in education or training or payments will automatically stop.

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