- Nov 20
Who stands to gain from the proposed ISA changes?
ISA Adjustments: Potential Reforms and Their Impact In the lead-up to the Autumn Statement, Chancellor of the Exchequer Jeremy Hunt hints...
- Nov 13
Can changes in RTI reporting enhance data accuracy?
HMRC aims to enhance data collection, posing challenges for some payroll providers. The government's response in April 2023 outlines...
- Nov 6
HMRC Targets 30% Reduction in Calls
Jim Harra, HMRC's chief, aims to cut the tax authority's phone helpline volume by almost a third by the end of 2024 due to rising demand,...
- Oct 30
Zero-rated VAT for charity building accessible facilities
Many buildings need disabled access. VAT law offers relief for charity-owned or occupied buildings. This saves costs with minimal admin....
- Oct 23
Navigating tax complexities in public sector pension reforms
From October 1, 2023, individuals retiring from the public sector will face significant pension decisions under the second phase of the...
- Oct 16
Inflation Eases, but Financial Struggles Remain
Rising living costs, driven by soaring food and energy prices, have burdened many UK households. Efforts to control inflation through...
- Oct 9
HMRC thwarts inheritance tax home loan scheme
An attempt to reduce inheritance tax using a home loan scheme faced legal challenges. In a case in July 2023, the issue was whether a...
- Oct 2
Almost half of R&D claims lack compulsory form
An attempt to reduce inheritance tax through a home loan scheme faced a major setback at the first-tier tribunal. Since August 8, 2023,...
- Sep 26
Plastic Packaging Tax Exceeds Expectations: £276m Collected in First Year
UK's Plastic Packaging Tax (PPT) collected £276m in its first year, exceeding government predictions. The PPT, a £200 per tonne levy on...
- Sep 20
Low-income individuals face fines from HMRC even when they owe no taxes
Many low-income individuals are unaware they may need to file tax returns, even if they don't owe taxes. HMRC imposes late-filing...