10/22/2025
The Amending Protocol now contains provisions for mutual administrative assistance for the recovery of tax claims relating to VAT.
10/21/2025
This is due to the freezing of nil rate bands until April 2030, rising UK property values, and planned reductions to agricultural and business reliefs from April 2026.
10/21/2025
This doesn’t point to a roaring economy but a sign of a Treasury increasingly reliant on extracting more from the same taxpayers.
10/21/2025
Borrowing in this financial year has almost breached £100bn too, 13% higher than last year and the second highest after the pandemic year of 2020.
10/20/2025
With the Amending Protocol, the Agreement will be aligned to the amended OECD standard and supplemented with new provisions on administrative assistance for the collection of VAT claims.
10/20/2025
This new number indicated a rise from the previous 27,700 letters sent in 2023, according to data released under the Freedom of Information Act.
10/20/2025
Penalties are based on potential lost revenue, although HMRC may reduce fines for prompt disclosure.
10/16/2025
About six out of ten (57%) expect VAT rates to rise, while less than two out of five (38%) believe the chancellor will increase income tax rates.
10/15/2025
However, AJ Bell director of public policy, Tom Selby, said the chancellor is “absolutely right” to challenge the status quo on Cash Isas.
10/14/2025
Hargreaves Lansdown discusses the stealth tax increases about to further burden Britons.
10/13/2025
The Treasury last night refused to rule out a one-off wealth tax when asked if the Chancellor was considering implementing the proposal at the Budget.
10/10/2025
Gifts made this way can become exempt from IHT after seven years.
10/10/2025
The research also found three quarters of respondents considered or decided against taking professional advice in relation to IHT.
10/09/2025
The shock announcement has been branded a “rabbit out of the hat”
10/07/2025
At the party’s annual conference, new Green leader Zack Polanski took aim at the sitting Labour government and attacked right-wing Reform UK leader Nigel Farage.
10/07/2025
Each year, Grant Thornton’s UK wing welcomes trainees to its offices across the country.
10/07/2025
The popular economist says France’s 3 previous prime ministers ignored his proposal.
10/06/2025
The Treasury has confirmed that 5,500 new compliance caseworkers and 400 offshore specialists will be brought on board over the coming five years to pursue evaders – with the target of increasing revenues by £7.5 billion by the decade's e
10/02/2025
The Left’s answer to tackle the country’s debt? Make the rich pay more
10/01/2025
The firm believes the rush to use life insurance for IHT planning follows the government’s announcement at the last Budget that more assets will become subject to inheritance tax.