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Business News

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Business News

Government urged to remove tax burdens for charities

23 Jul 2024 The government has been urged to remove tax burdens and complexities for charities. Charity bodies, including the Charity Tax Group and the Charity Finance Group, have urged…

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10/07/2025
Business News

50% of savers unaware they are charged fees on their pension pots

01 Jul 2024 Data published by investment adviser Moneyfarm has suggested that 50% of pension savers are unaware they are paying charges on their pension pots. According to Moneyfarm, costs…

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10/07/2025
Business News

IHT receipts reached £2.1 billion between April and June, data shows

22 Jul 2024 Data published by HMRC has revealed that inheritance tax (IHT) receipts reached £2.1 billion between April and June 2024. The latest figure is £83 million higher when…

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10/07/2025
Business News

More than 500,000 individuals caught in 60% tax trap

19 Jul 2024 A Freedom of Information (FOI) request has revealed that over half a million people are paying up to 60% tax on the top portion of their pay.…

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10/07/2025
Business News

King’s Speech unveils raft of bills designed to ‘unlock economic growth’

18 Jul 2024 On Wednesday 17 July King Charles III delivered the 2024 King's Speech at the State Opening of Parliament and announced draft laws which include plans to accelerate…

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10/07/2025
Business News

UK economy shrunk in April

12 Jun 2025 The UK economy contracted by 0.3% in April as tax increases kicked in and exporters faced uncertainty over US trade tariffs. Figures from the Office for National…

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10/07/2025
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