It has been revealed that companies across the UK have paid £95.2 billion in Business taxes in the financial year just finished (23/24) – a rise of £10.3 billion compared to the year before. These taxes include receipts from Corporation… Read more
We‘ve seen plenty of speculation before the last two Budgets that Inheritance Tax would see major reforms. Yet nothing materialised. And the latest figures released by the Treasury show perhaps why there might be some reluctance to change the rules,… Read more
You‘ve probably digested the main news by now from the Spring Budget. Now comes the next stage:the Spring Finance Bill. The bill was published on 14 March, ensuring that the measures announced in the Budget take their next steps towards becoming… Read more
The record number of taxpayers submitting Self-Assessment tax returns was beaten in January, it’s been revealed, with a new high of 11.5 million being reached. That’s quite some number! But, judging by the figures HMRC released, somewhere between 0.5million and… Read more
A surge of bogus tax refund phishing scams is feared by HMRC officials. The Government body has warned self-employed people to watch out for fraudsters who are likely to want to target the 11.5 million or so who have just… Read more