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October 30, saw Chancellor Rachel Reeves deliver her first Budget, which she said will raise £40 billion in taxes. There were significant changes to note regarding Capital Gains Tax, Inheritance Tax, National Insurance, Business Tax and Non-Doms.
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25 Mar 2025
The first Finance Act of the Labour government has gained Royal Assent and passed into law.
24 Mar 2025
People should check their National Insurance contributions (NICs) record to see if they can boost their state pension entitlement before 5 April 2025, warns the Low Incomes Tax Reform Group (LITRG).
21 Mar 2025
The Bank of England is walking a 'tightrope' on interest rates in the face of global uncertainty and cost pressures, says the British Chambers of Commerce (BCC).
20 Mar 2025
Chancellor Rachel Reeves should consider increasing taxes at this month's Spring Statement, according to the Resolution Foundation.
19 Mar 2025
UK growth will be weaker than previously expected this year and next, according to the Organisation for Economic Co-operation and Development (OECD).
18 Mar 2025
Chancellor unveils plan to cut red tape
17 Mar 2025
The Payment Systems Regulator (PSR) is set to act to reduce card payment fees for businesses and consumers in the UK.
14 Mar 2025
Data published by the Office for National Statistics (ONS) has revealed that the UK economy unexpectedly shrank in January 2025.
13 Mar 2025
The British Chambers of Commerce (BCC) has called for the government to 'tackle the problems of the UK's worn out infrastructure' in order to boost economic growth.
12 Mar 2025
The reporting threshold for trading income for self assessment is being lifted from £1,000 to £3,000 gross within this parliament, according to the Treasury.