Chancellor Rishi Sunak will impose a windfall tax on energy firms alongside a package to help households with the cost-of-living crisis. Mr Sunak said a 'temporary, timely, and targeted' 25%…
New data published by HMRC has revealed that 512,415 families made use of the Tax-Free Childcare (TFC) scheme in the past year. Under TFC, the tax relief available is 20%…
The energy price cap is now expected to rise to around £2,800 in October, according to the UK's energy regulator. Jonathan Brearley, Chief Executive of Ofgem, warned MPs on the…
A Treasury minister has stated that the government 'cannot rule out' a windfall tax on gas and oil companies in order to help with the cost-of-living crisis. Simon Clarke, Chief…
The use of cash has been declining for some years now, with electronic payments in multiple formats increasing to take its place. This was a trend accelerated by the COVID-19…
Household energy bills could change every three months under new plans proposed by the energy regulator Ofgem. Currently, gas and electricity bills are updated every six months and the increased…