Six in 10 millionaires eye UK exit over taxes
Six in 10 UK millionaires have considered leaving Britain because of high taxes, according ...
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HMRC cancels record number of tax penalties
HMRC cancelled a record 48,189 tax penalties in 2025/26, the highest number in six ...
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AI drives surprise UK growth in July
The UK economy grew faster than expected in July, with the expansion partly linked ...
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UK inflation rises to 3.1% as fuel costs climb
UK inflation rose to 3.1% in the year to August, up from 2.9% in ...
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VAT capital goods scheme rules change
Revised VAT capital goods scheme rules came into force on 29 July 2026, raising ...
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Healey confirms October Budget date
Chancellor John Healey will deliver his first Budget on Wednesday 28 October 2026, just ...
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4 in 10 missed MTD sign-up
More than 500,000 self-employed people and landlords had signed up for Making Tax Digital ...
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Student loan interest rates rise
Student loan interest rates will rise across all repayment plans from September 2026, although ...
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FCA sets crypto regulation timeline
The UK crypto industry has reached a “significant milestone” after the Financial Conduct Authority ...
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Mortgage rises hit millions
More than 5 million homeowners are expected to see their monthly mortgage repayments rise ...
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Benefit fraud bill reaches £9.9bn
According to the Department for Work and Pensions’ (DWP) latest annual report and accounts, ...
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HMRC tax receipts rise sharply
HMRC collected £938.8 billion in tax and National Insurance receipts during 2025/26, an increase ...
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Guaranteed hours plans move forward
The Government has unveiled further details of its plans to give workers on zero ...
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Retirement savings gap widens
Too many people face a significant drop in income when they retire, with the ...
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Temporary hiring rises as confidence dips
UK businesses are turning to temporary workers rather than permanent staff as weak confidence, ...
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Mortgage costs squeeze homebuyers
Higher borrowing costs are putting fresh pressure on homebuyers, with many now spending the ...
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Households brace for fresh squeeze
A new survey suggests that British households are bracing for renewed financial pressure as ...
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British Steel faces state takeover
British Steel is set to return to public ownership after Sir Keir Starmer announced ...
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UK borrowing costs climb
Government borrowing costs have risen sharply as investors react to uncertainty over the future ...
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E-invoicing rollout leaves SMEs unprepared
Many small businesses remain unclear about electronic invoicing requirements, with most unaware of HMRC ...
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Travel spending dips amid cost pressures
UK consumers have reduced travel spending for the first time in five years, reflecting ...
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Help to Buy favoured higher earners
A report from the Institute for Fiscal Studies has found that the UK Government’s ...
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Expanded energy support for manufacturers
More UK businesses are set to receive support with rising energy costs, after the ...
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Youth job grants aim to boost hiring
Businesses could receive financial incentives to hire young people under new Government proposals to ...
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£50m support for heating-oil users
Chancellor Rachel Reeves has announced a £50m support package for low-income and vulnerable households ...
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Mortgage rates rise amid global tensions
Mortgage costs have increased sharply in recent weeks, with new data showing that a ...
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UK pay growth slows to five-year low
Pay growth in the UK has slowed to its weakest level in more than ...
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Self assessment deadline missed by one million
Around one million taxpayers missed the deadline for submitting their 2024/25 self assessment tax ...
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Manufacturing rebound mirrors economic strengthening
British manufacturers recorded one of their strongest months in years in January. The closely ...
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Automation drives service sector job cuts
UK service sector employers reduced staffing levels in January as businesses increasingly relied on ...
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Frozen thresholds push low earners into tax
Vulnerable taxpayers face growing risks as the continued freeze on the personal allowance is ...
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Government increases IHT relief cap for key assets
The Government has announced a further change to planned inheritance tax reforms affecting agricultural ...
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Business confidence slips as costs rise
According to the latest British Chambers of Commerce Quarterly Economic Survey, UK business confidence ...
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Rising costs threaten jobs in 2026
Zombie firms face collapse amid economic pressure. The UK could see unemployment rise sharply ...
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EV discounts strain market growth
The UK new car market reached a significant milestone in 2025, with registrations exceeding ...
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National living wage and minimum wage to increase
The Government has confirmed significant wage increases for workers from 1 April 2026. The ...
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Six-month threshold for unfair dismissal approved
After months of dispute between ministers and peers, the Government has accepted a six-month ...
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HMRC resumes direct debt recovery from firms
Firms urged to settle overdue tax swiftly as some companies across the UK have ...
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HMRC moves to digital correspondence
HMRC will stop sending most paper letters from spring as it accelerates its shift ...
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UK growth set to stall again in 2026
The UK economy is expected to experience another subdued year in 2026, with growth ...
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Most see no gains from MTD for income tax
A new survey has indicated that most businesses and agents see little benefit in ...
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Fixing Britain’s work and health gap
Employers are being asked to spend £6bn a year on staff health support to ...
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HMRC reviews directors’ loan account tax relief
HMRC has started contacting tax agents to check whether companies correctly claimed relief relating ...
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Workcations rise with tighter compliance
Mid-market employers increasingly offer UK-based staff the option to work abroad for part of ...
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Updated process for High Income Child Benefit Charge
HMRC's online service to pay the High Income Child Benefit Charge (HICBC) through Pay ...
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HMRC’s R&D eligibility checker explained
HMRC has launched an online checker to help businesses judge whether their projects meet ...
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UK growth edges up in August
Manufacturing leads and services have stalled as budget pressures build. The UK economy grew ...
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HMRC intensifies scrutiny of R&D tax claims
HMRC has significantly increased oversight of research and development (R&D) tax relief, with errors ...
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UK firms cut jobs amid higher taxes
A Bank of England survey has shown that UK businesses cut jobs this summer ...
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Retail sales rise but outlook uncertain
Retail sales grew in August, helped by record warm weather and a Bank of ...
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Starmer creates new Budget board for growth
Prime Minister Sir Keir Starmer has moved to strengthen Labour's grip on economic policy ...
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Government outlines plan to support small businesses
The UK Government has announced a new plan to support small businesses, with a ...
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UK housebuilding slumps due to economic pressures
Construction output saw its steepest fall since May 2020, according to the latest S&P ...
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UK pay growth slows as hiring weakens
UK employers have reduced annual pay increases and scaled back hiring as the economic ...
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HMRC targets errors in marginal relief claims
HMRC has launched a letter campaign for companies that may have miscalculated corporation tax ...
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Bank signals slowdown in UK jobs market
Bank of England governor Andrew Bailey has warned that the UK jobs market is ...
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Energy bills drop but concerns remain
Energy bills are falling for around 21 million households in England, Scotland and Wales, ...
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New limits on NDAs in misconduct cases
Under a proposed change to UK employment law, employers will no longer be allowed ...
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Funding needed to fix struggling high streets
According to new research by the Centre for Cities think tank, reviving struggling UK ...
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Nearly 149m working days lost to sickness in 2024
UK sickness absence edged closer to pre-pandemic norms last year, according to new Office ...
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Employer NIC hike drives record May job losses
Early HMRC information shows UK payrolled employment fell by 109,000 (-0.4%) in May 2025, ...
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UK growth forecast downgraded by OECD
The Organisation for Economic Co-operation and Development (OECD) expects UK economic growth to be ...
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Pensioners earning under £35k to get winter fuel cash again
Chancellor Rachel Reeves has reversed last year's decision to restrict winter fuel payments, confirming ...
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HMRC stops phone support for UTR numbers
From 6 May 2025, HMRC is no longer confirming a taxpayer's unique taxpayer reference ...
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UK-India trade deal cuts tariffs
Britain and India have signed a long-anticipated trade deal that is expected to boost ...
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Rising employment taxes hit UK hiring
Rising employment taxes hit UK hiring Nearly half of UK businesses are rethinking their ...
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Business confidence hits two-year low
Business confidence hits two-year low The industry body found that rising tax concerns, persistent ...
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83% of EV owners unaware of new road tax bill
83% of EV owners unaware of new road tax bill A survey of 2,000 ...
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Landlords to receive MTD letters
Landlords to receive MTD letters Business activity across the UK private sector has fallen ...
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Weak consumer spending hurts private sector
Weak consumer spending hurts private sector Business activity across the UK private sector has ...
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IR35 reforms raise £4.2bn extra tax
IR35 reforms raise £4.2bn extra tax HMRC's clampdown on IR35 off-payroll working rules has ...
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Private school VAT could affect 55% of parents
Private school VAT could affect 55% of parents The rising costs of private education, ...
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UK house prices near record high
UK house prices near record high Mortgage rates boost confidence, but affordability remains an ...
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Government AI rollout requires better collaboration
Government AI rollout requires better collaboration The Government's use of artificial intelligence (AI) is ...
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Bank of England cuts interest rates to 4.5%
Bank of England cuts interest rates to 4.5% The Bank of England (BoE) has ...
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Changes to inheritance tax on pensions from 2027
Changes to inheritance tax on pensions from 2027 From April 2027, unused pension pots ...
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HMRC cuts late payment interest to 7%
HMRC cuts late payment interest to 7% Following the Bank of England's base rate ...
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HMRC helpline workers set strike dates
HMRC helpline workers set strike dates Public and Commercial Services Union (PCS) members have ...
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Charitable donations through wills hit £2.1bn in 2024
Charitable donations through wills hit £2.1bn in 2024 In 2024, over 400 estates donated ...
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Over 90k self assessment tax returns filed over Christmas
Over 90k self assessment tax returns filed over Christmas According to HMRC, nearly 92,800 ...
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Mixed views on business growth this year
Mixed views on business growth this year Most UK businesses are optimistic about the ...
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1.1 % gambling levy proposed for April 2025
1.1 % gambling levy proposed for April 2025 Licensed gambling operators could face a ...
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Government website tests chatbot for small businesses
Government website tests chatbot for small businesses Two years after ChatGPT sparked a surge ...
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17% rise in scams targeting taxpayers
17% rise in scams targeting taxpayers HMRC has urged taxpayers to be alert to ...
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HMRC delays agent services account approvals
HMRC delays agent services account approvals HMRC has extended the processing time for agent ...
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Government champions health benefits of work in new initiative
Government champions health benefits of work in new initiative The WorkWell programme aims to ...
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Tuition fees set to rise for first time in eight years
Tuition fees set to rise for first time in eight years The Education Secretary, ...
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Double-cab pickups to be classed as cars under new HMRC policy
Double-cab pickups to be classed as cars under new HMRC policy HMRC has confirmed ...
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Bank of England cuts interest rates to 4.75%
Bank of England cuts interest rates to 4.75% Monetary Policy Committee (MPC) reduces rates ...
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Treasury rethinks non-dom tax status changes
Treasury rethinks non-dom tax status changes There is concern that scrapping non-dom status could ...
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IFRS 15 meets expectations despite challenges
IFRS 15 meets expectations despite challenges The International Accounting Standards Board (IASB) has completed ...
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