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Please note that our offices are closed for Christmas from 24th to 29th December 2024 and New Year on 1st January 2025.
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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20 Dec 2024
UK interest rates will remain at 4.75% after the Bank of England voted to hold borrowing costs.
19 Dec 2024
Think tank the Resolution Foundation recently stated that whilst the UK's economic slowdown is affecting employment, it isn't yet affecting workers' pay packets.
18 Dec 2024
Chancellor Rachel Reeves has confirmed that the Spring Forecast will take place on Wednesday 26 March 2025.
17 Dec 2024
The Institute of Chartered Accountants in England and Wales (ICAEW) has urged HMRC to address ten recommendations it has made for improving the Revenue's customer services.
16 Dec 2024
Cash use in shops rose for a second year in a row in 2023 after a decade of falls, according to the British Retail Consortium (BRC).
13 Dec 2024
The UK economy shrank for the second month in a row in October, according to the Office for National Statistics (ONS).
12 Dec 2024
Think tank the Resolution Foundation has stated that Chancellor Rachel Reeves will need to 'confront the good, the bad and the ugly' in the upcoming Spending Review.
11 Dec 2024
HMRC is reminding people who pay tax by self assessment of the opportunity to spread the cost of their bill with the Time to Pay facility.
10 Dec 2024
The number of individuals caught in the 60% 'tax trap' has risen by 45% in two years, a Freedom of Information (FOI) request has revealed.
09 Dec 2024
Fraud and error in public funds cost the taxpayer up to £81 billion last year, according to the latest data from the National Audit Office (NAO).