The government has abandoned its plan to abolish the 45% top rate of income tax due to the negative reaction it has received. Chancellor Kwasi Kwarteng first announced the policy…
An investigation carried out by investment service Moneybox has found that HMRC has received thousands of complaints from individuals in regard to companies claiming tax repayments on their behalf. Most…
HMRC will raise interest rates on tax debt from 11 October following the 0.5% increase in the base rate. This means that the late payment interest rate will increase to…
Government tax-cutting measures are 'likely to exacerbate the UK's cost-of-living crisis', the International Monetary Fund (IMF) has warned. The IMF stated that tax measures announced by Chancellor Kwasi Kwarteng in…
Employers are being warned to ensure they are complying with their ongoing automatic enrolment duties by the Pensions Regulator (TPR). The warning follows a series of in-depth compliance inspections of…
Nearly 400,000 workers at businesses that have volunteered to pay the Real Living Wage are set to get a record pay boost. The hourly rates are rising by £1 to…