Tax Measures Speculation There is speculation that the Labour government, led by Chancellor Rachel Reeves, are proposing a series of tax measures aimed at raising revenue to address the substantial budget deficit
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UK State Pensions Set for 4.5% Hike Amid Cost of Living Crisis Millions of UK pensioners are poised to receive a significant boost in their State Pensions, with an anticipated 4.5% increase
With a new labour government, there could be significant changes to taxes, capital gains, and pensions based on their historical positions and recent policy proposals. It’s important to keep an eye
Five ways to avoid savings interest tax as a 45p additional rate taxpayer As a 45p additional rate taxpayer, managing your savings to minimize tax on interest can be challenging but possible
How Inheritance Tax works Inheritance Tax is one of the most hated taxes in the UK. We explain how it works, whats applicable and how to avoid or reduce paying it. It
Car Tax - another unexpected rise that’s gone under the radar, increased on 1st April 2024. The Spring Budget statement last month that fuel duty would remain frozen for a fourteenth consecutive year - and
As of 8th April, there has been an 8.5 per cent increase to state pensions, making the new headline rate £221.20 a week - up £902 a year to around £11,500. Chancellor Jeremy
Spring Budget 2024 On Wednesday 6 March, chancellor Jeremy Hunt delivered his Spring Budget 2024, only three and a half months after his Autumn Budget 2023. He presented updated forecasts from the
How to register for payrolling benefits and expenses If you’re intending to payroll benefits and expenses, you must register them with HMRC using the payrolling employees taxable benefits and expenses online service. You must do this
Policy objective The main objective of the diverted profits tax is to counteract contrived arrangements used by large groups (typically multinational enterprises) that result in the erosion of the UK tax base.
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