Over 750,000 young people yet to claim savings
Over 750,000 18-to-23-year-olds have yet to claim their matured Child Trust Funds, according to HMRC. The tax authority says that the accounts are worth £2,242 each on average. Child Trust…
Blog Posts
Countdown to Vaping Products Duty begins
There is now less than a year until the UK Government introduces Vaping Products Duty (VPD) and vaping duty stamps (VDS) on 1 October 2026. VPD, a new excise duty,…
Budget Board must focus on easing the cost of doing business, says IoD
The government’s Budget Board must focus on easing the cost of doing business, says the Institute of Directors (IoD). The board has been created to link top ministers and 10…
HMRC urges families to save money with Tax-Free Childcare
HMRC is encouraging working families to save money by signing up to Tax-Free Childcare and using one of the thousands of facilities accepting it as payment. Tax-Free Childcare means working…
HMRC warns of Winter Fuel Payment scams
HMRC has issued a warning to be on high alert for scams linked to Winter Fuel Payments after receiving 15,100 reports of bogus activity in June. Fraudsters have been targeting…
HMRC system attack is a timely reminder to keep personal data safe
Taxpayers are being urged to check their online HMRC account after scammers attempted to defraud the tax authority using individuals’ data and login details. The Low Incomes Tax Reform Group…
In The Spotlight – Sarah Bragan
Our In the Spotlight series lets you get to know some of our team better. That might be their hobbies, favourite book or what they would take to a desert…
Spring Statement Summary 2025
Spring Statement – 26 March 2025 Having set herself ‘iron-clad’ fiscal rules and the goal of holding a single fiscal event each year, the Chancellor was in a difficult position…
Spring Statement 2025 – Headlines
Chancellor Rachel Reeves gave her Spring Statement to the House of Commons this afternoon. Whilst not a fiscal (tax) event we can report the following headlines: We will have a…
Businesses warn of National Insurance ‘powder keg’
The overwhelming majority of businesses say the rise in employers’ NICs will force them to change their plans, according to research by the British Chambers of Commerce (BCC). With under…
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