08/01/2025
The idea behind HMRC’s new tax coding process is that it should reduce the administrative burden on savers, while also minimising the number of overpayments being made in the first place.
08/01/2025
Anneliese Dodds argued it is ‘important’ for the Government to consider evidence set out by the Wealth Tax Commission.
08/01/2025
This bill, together with the laws implementing an inpatriate tax regime and clarifying the use of alphabet classes of shares, gives yet another tool to employers to attract and retain talent.
08/01/2025
The minimum required annual operating expenditure is reduced.
07/28/2025
The UK had in April published rules specifying which countries have implemented a qualifying income inclusion rule and a domestic top-up tax under Pillar Two.
07/28/2025
HMRC has said it will invest in the development of AI solutions, which will automate the provision of call summaries following taxpayers' calls with HMRC advisers and caseworkers.
07/23/2025
With income tax thresholds frozen, workers are seeing more of their earnings swallowed by the tax system.
07/23/2025
The digital first approach will see HMRC automating tax wherever possible and offering new digital self-serve options across a number of tax regimes.
07/22/2025
HMRC attributed the rise to increased asset values, more wealth transfers following deaths and the government’s decision to freeze tax-free thresholds until 2029/30.
07/21/2025
With income tax and National Insurance contributions already increased through higher rates and frozen allowances, changes to capital gains tax (CGT) may need to be considered.
07/18/2025
Under the new rules, all long-term UK residents pay taxes on their worldwide income.
07/16/2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’
07/16/2025
PAC warns of lack of clarity over how much tax is paid or avoided by the very wealthy, as report highlights significant opportunities to collect more revenue.
07/15/2025
The UK chancellor said she was not going to comment on speculation around her next budget when a date for the statement had not even been set.
07/14/2025
Under current rules, inheritance tax is set at 40%
07/11/2025
On the face of it, a wealth tax looks like a simple solution to redistributing wealth and helping fill the Treasury’s empty piggy bank.
07/10/2025
Brazil boss Ancellotti, 66, will avoid prison but does have to pay a fine of 386,361.93 euros (£333,045.92) instead
07/10/2025
In the period in question, Högkullen charged around £180k for its services; a value calculated using transfer pricing principles.
07/09/2025
With many business founders and owners holding their commercial property in their pensions
07/08/2025
With many business owners holding commercial property in their pensions, the new IHT charge from 2027 could force a sale