The number of taxpayers caught in the 60% tax trap has increased by nearly 25% over the past year. More than 500,000 people are now affected by higher tax rates due to their income exceeding £100,000. The 60% rate applies to income between £100,000 and £125,140. This is the tranche...
Opening the Books – The Government’s Spending Inheritance
The date of the Autumn Budget has been announced (Wednesday 30 October 2024), accompanied by...Digital Invoicing Could Prevent Invoice Fraud
Companies without a digital invoice processing system in place are leaving themselves open to invoice...Small Businesses Top Tax Gap Defaulters
For 2022/23, the tax gap has increased to a record £39.8 billion, with small businesses...
Self-employed workers will see a substantial reduction in their Class 4 national insurance contributions (NICs) for the current tax year...
Employers need to be aware that since 6 April 2024, employees are entitled to take a week’s unpaid leave each...
Are you looking to maximise your retirement income? If you were born after April 5, 1951 (for men) or April...
Taxpayers will benefit from the changes made to the high-income child benefit charge thanks to all tax measures from the...
England’s next General Election is this week, so let’s reflect on tax plans that Labour and the Conservatives promised when...
The Renters Reform Bill has finally completed its passage through the House of Commons with important concessions made in favour...
