The way pay-as-you-earn (PAYE) taxpayers can make a pension tax relief claim has changed with HM Revenue and Customs (HMRC) confirming all claims must be made online or by letter and include supporting evidence. Launched on 1 September, this means taxpayers ...
READ MOREDuring the 2024 Autumn Budget, Chancellor Rachel Reeves announced that from 2027, unused pension pots will be taken into account when working out the total value of an individual’s estate. Unsurprisingly, this sparked a reaction, with savers from across the UK ...
READ MOREThe Chancellor Rachel Reeves has announced she will deliver her Autumn Budget on Wednesday, 26 November 2025. Speculation on the Chancellor’s plans will finally come to an end, with taxpayers and businesses to find out her plans for taxation and spending. Now ...
READ MOREThere is growing noise from economic experts who suggest that Chancellor Rachel Reeves may have to break Labour’s manifesto pledge in order to fill the UK’s economic black hole. Rachel Reeves has the unenviable task of trying to kickstart the UK ...
READ MOREIt has been confirmed that energy costs will increase by two per cent from October, affecting both households and businesses. The increase was much more than analysts had expected, meaning a household’s annual bill will sit at £1,755, up £35 a ...
READ MOREHM Revenue and Customs (HMRC) is continuing to innovate and modernise how taxpayers file their returns and report information. It is committed to its digital transformation roadmap and part of this is the Making Tax Digital (MTD) initiative. MTD changes how ...
READ MOREParents have until 31 August 2025 to extend their child benefit claim and HM Revenue and Customs (HMRC) are urging parents to act fast and submit their extension claim before the deadline. If your child is between the ages of 16 ...
READ MORECompanies House’ voluntary window to validate your identity is coming to end on the 18 November 2025 with the checks becoming mandatory from that date. Business owners and directors that own or work for a UK registered company will soon be ...
READ MOREInheritance Tax (IHT) has proven a popular avenue for the Chancellor Rachel Reeves as she attempts to balance the Government’s books and there is growing belief that she could introduce further measures on IHT later this year. The Chancellor is working ...
READ MORENext year’s National Living Wage and National Minimum Wage have been hot topics of discussion with experts warning they must go up to meet the Government’s goal for it to match two thirds of median earnings. The Government has reaffirmed its ...
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