With around 670,000 child trust fund (CTF) accounts sitting unclaimed by Generation Z adults aged between 18 and 22, HMRC is concerned. CTFs were opened for every child born between 1 September 2002 and 2 January 2011, with each account starting off with a £250 voucher (£500 for low-income families)....
Can you spot a fake HMRC letter?
Unfortunately, scam warnings have become a regular occurrence. The latest scam highlighted by HMRC is...Dividend allowance cut doubles taxpayers
With the dividend allowance now cut to just £500, the number of taxpayers paying tax...Capital gains tax: a minority sport?
Will increased capital gains tax (CGT) mean less tax gets paid? Source HMRC The Labour...
The student loan repayment threshold for England and Wales has been frozen at £25,000 until 2027, to the detriment of...
Since July, it has been illegal for employers to withhold tips from staff. The payment of tips will probably result...
HMRC has launched a new digital tool to help businesses estimate the potential impact of their VAT registration. This will...
While only briefly mentioned in the King’s Speech, the government has now revealed more details of the Renters’ Rights Bill....
In her first detailed tax announcements as Chancellor, Rachel Reeves targeted both those starting off in life and those approaching...
The number of taxpayers caught in the 60% tax trap has increased by nearly 25% over the past year. More...
