Will increased capital gains tax (CGT) mean less tax gets paid? Source HMRC The Labour Party’s 2024 manifesto said, ‘We will not increase National Insurance, the basic, higher, or additional rates of Income Tax, or VAT.’ The absence of any comment on CGT meant that Rachel Reeves received persistent questions...
Student loan threshold frozen
The student loan repayment threshold for England and Wales has been frozen at £25,000 until...Tips and troncs – what does it mean for your business?
Since July, it has been illegal for employers to withhold tips from staff. The payment...HMRC Launches VAT Registration Estimator
HMRC has launched a new digital tool to help businesses estimate the potential impact of...
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...
The date of the Autumn Budget has been announced (Wednesday 30 October 2024), accompanied by the new Chancellor’s warning about...
Companies without a digital invoice processing system in place are leaving themselves open to invoice fraud. Over the past year,...
For 2022/23, the tax gap has increased to a record £39.8 billion, with small businesses being blamed for around 60%...
