22 May 2025 Chancellor Rachel Reeves has confirmed that the annual tax-free ISA allowance won’t be reduced from £20,000. Ms Reeves stated that she ‘absolutely wants to preserve’ the £20,000…
07 Jul 2025 HMRC plans to introduce a tax avoidance criminal offence risks overreach, the Chartered Institute of Taxation (CIOT) has warned. HMRC plans to create a new strict liability…
13 Jun 2025 Following the 2025 Spending Review, experts have warned that Chancellor Rachel Reeves will have to raise taxes in the Autumn Budget to fill a shortfall of up…
21 May 2025 Inflation jumped to 3.5% in the year to April, up from 2.6% in March, according to the Office for National Statistics (ONS). The ONS said the increase…
04 Jul 2025 Prospective pension reforms could see small firms raise prices, cut jobs or slash profits, the Federation of Small Businesses (FSB) has warned. The FSB's research looks at…
20 May 2025 Almost half of UK sole traders feel unprepared for upcoming Making Tax Digital for Income Tax (MTD) for Income Tax changes, according to research conducted by IRIS…