We appreciate during this uncertain time tax might be the last thing on your mind, however we think this might be a good time for a ‘spring clean’. Have a…
The UK’s leading share index is facing its worst day since the financial crisis after £130bn was wiped off the value of top shares in early trading. The dramatic…
The official rate of interest will fall from 2.5% to 2.25% from 6 April 2020 as provided for in The Taxes (Interest Rate) (Amendment) Regulations 2020, SI 194/2020. The official rate…
According to new research by Deloitte, people in the UK do not understand personal tax affairs, with young people the least knowledgeable. Over 2,000 people across the UK were…
The government has said it will start automatically enrolling UK firms in a customs system as it speeds up its preparations for a no-deal Brexit. The move will enable UK…
Over-55s have had to clawback £480m in overpaid taxes from the UK government since the launch of pension freedoms in 2015, new figures from HMRC show. Some 17,000 people had to…
Boris Johnson To raise the higher income tax rate from £50,000 to £80,000. Mr Johnson also wants to raise national insurance – to absorb some of the cost. Under this…
HMRC have announced new fuel rates for company cars. They apply to all journeys on or after 1st June 2019, until further notice. For one month from the date of…
The tax authority has put an end to fraudster’s mimicking its most recognisable helpline numbers to dupe taxpayers and steal money. New defensive controls deployed by HM Revenue and…
An ICO investigation into HMRC’s Voice ID service was prompted by a complaint from Big Brother Watch about the department’s conduct. The investigation focused on the use of voice authentication…