07/21/2026
Burnham has previously argued for reform of wealth taxes and has expressed support for alternatives to the current inheritance tax system, although any significant changes would need to be carefully balanced against the government's wider economic pr
07/21/2026
Many taxpayers are surprised when they file their Self-Assessment tax return, settle their tax bill, and then discover that HMRC is asking them to make an additional payment towards next year's tax liability.
07/21/2026
Income tax, capital gains tax (CGT) and National Insurance Contribution (NIC) receipts for April 2026 to June 2026 were also at a record high at £132.1bn – an increase of £11.4bn.
07/20/2026
Investigations producing returns of that size are likely to involve large companies, wealthy individuals or tax avoidance arrangements.
07/20/2026
The network also ranked 5th globally in small-cap M&A, underlining its continued strength in supporting mid-market and small-cap transactions worldwide.
07/17/2026
Rahul Sahgal, CEO of the Swiss-American Chamber of Commerce, which commissioned the study, accepts that some companies could then face top-up taxation.
07/16/2026
The result is that tax bands originally aimed at high earners increasingly capture ordinary professionals, while ministers can raise billions without ever having to announce a tax rise.
07/15/2026
HMRC forecasts the number of higher-rate taxpayers will rise from 5.75 million in 2023/24 to 7.70 million by 2026/27.
07/14/2026
An assessment found those with the lowest household income would save 12% per year compared to the highest household saving 28%.
07/13/2026
These are headline treaty rates only.
07/13/2026
The findings come as sole traders and landlords move to HMRC's MTD for Income Tax requirements, which asks eligible taxpayers to maintain digital records and submit quarterly updates using compatible software.
07/08/2026
Deputy Collins said when it came to “doing tax forms the only way we’re going to catch up is to stop doing it”.
07/03/2026
His long-standing commitment to overhauling property and land taxation could have material consequences for those at the upper end of the market.
07/01/2026
AI is already being used by trustees and their advisers in tax compliance and dispute work, and in some cases for tax planning.
06/29/2026
High earners are increasingly turning to offshore bonds to shield their estate from the taxman
06/29/2026
Most UK taxpayers are familiar with the three main income tax bands: the basic rate, the higher rate, and the additional rate.
06/23/2026
This scheme, designed to help with childcare costs, now benefits an all-time high of 868,095 families.
06/23/2026
The issue is particularly concentrated among smaller businesses, which now make up 62% of the overall gap.
06/19/2026
Many such businesses have experienced this temporary change before – during the pandemic when the temporary reduced rate had wider scope than it does for the current implementation, and it was in place for a much longer period.
06/19/2026
We are also now firmly in the final year where pension wealth remains outside the scope of Inheritance Tax