Chancellor Rachel Reeves has ruled out any increases to UK wealth taxes in the upcoming Autumn Budget, putting an end to speculation over potential hi...
View articleUK small businesses are facing an annual tax compliance burden nearing £25 billion, according to recent findings by the Federation of Small Businesses...
View articleConfidence among UK accountants has edged up in the first quarter of 2025, following a historic low at the end of last year, according to the latest G...
View articleThe UK’s incipient economic recovery in the first half of 2024 has since flagged. After expanding by 0.8% and 0.4% in Q1 and Q2 2024, the economy stag...
View articleIn a move that will bring hundreds of thousands of additional taxpayers into scope, the UK government confirmed yesterday it will lower the threshold ...
View articleChancellor Rachel Reeves took to the despatch box today with a Spring Statement that balanced caution with conviction. Presented as a fiscal update—no...
View articleWhen Chancellor Rachel Reeves rises to deliver her Spring Statement on Wednesday, she will be doing so with a tighter fiscal straitjacket than any of ...
View articleCautious approach continues as inflation risks remain and hiring freezes take hold Read More...
View articleLocal authorities struggle to balance funding gaps as bills rise across England Read More...
View articleBusiness confidence remains high, but uncertainty stalls capital spending Read More...
View articleICAEW warns that 10 years after its launch, MTD still brings high costs and complexity, urging taxpayers to prepare for the 2026 rollout. Read More...
View articleBusinesses across the UK should prepare for several significant tax changes coming into effect from 6 April 2025, according to the ICAEW. While some o...
View articleBusinesses that have relied on the joint online filing service for Company Tax Returns and accounts submissions will need to find alternative solution...
View articleThe UK’s first Spring Statement under Chancellor Rachel Reeves is set for 26 March, but those expecting headline-grabbing tax and spending announcemen...
View articleHMRC’s enforcement of IR35 off-payroll working rules has generated an extra £4.2bn in tax over the past four years, affecting approximately 120,000 co...
View articleHow targeted budgeting reforms can unlock economic growth and reduce gender disparities Read More...
View articleAs the UK gears up for increases in National Insurance and the minimum wage this April, businesses are reassessing their workforce strategies. Faced w...
View articleFor over a decade, HMRC’s Real-Time Information (RTI) system has been the backbone of payroll reporting in the UK. Introduced with the promise of impr...
View articleFive years on from Brexit, small and medium-sized businesses continue to face challenges from its tax and trade implications. It was hugely divisive, ...
View articleThe UK’s financial sector has contracted significantly since 2020, with nearly 10,000 firms disappearing in just four years, according to new data fro...
View articleThe UK’s tax authority, HM Revenue & Customs (HMRC), has abandoned plans to alter the tax treatment of members within limited liability part...
View articleThe UK government has launched a consultation to explore the wider adoption of electronic invoicing (e-invoicing) in business transactions, a move tha...
View articleThe Bank of England (BoE) has reduced its key interest rate from 4.75% to 4.5% in a move aimed at supporting the UK’s slowing economy, marking its thi...
View articleOn Friday, January 31, 2025, Barclays experienced a significant IT outage that disrupted various banking services, including online and mobile banking...
View articleThe UK has entered 2025 at a crossroads. While global growth is set to continue at a modest pace, Britain faces a far more delicate balancing act. Wit...
View articleLocal councils across the UK are facing a fiscal crisis, with some proposing sharp council tax hikes to tackle mounting debt and budget shortfalls. Ei...
View articleThe end of January looms large for small business owners across the UK. It’s a time marked by long hours, frazzled nerves, and a desperate hunt for mi...
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