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…
Blog Posts
Chancellor urged to cut National Insurance but hike Income Tax in Autumn Budget
Chancellor Rachel Reeves has been urged to cut National Insurance contributions (NICs) and increase Income Tax to create a ‘level playing field’ and protect workers’ pay. The Resolution Foundation said…
Homebuyers get bogus SDLT claims warning
Homebuyers are being warned to avoid Stamp Duty Land Tax (SDLT) scams, following a landmark Court of Appeal decision. HMRC is warning buyers to be vigilant of tax agents offering…
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 targets personal expenditure on self assessment
HMRC will run a digital campaign to ensure that self assessment taxpayers do not claim tax relief for personal expenditure on 2025/25 tax returns, according to the Institute of Chartered…
HMRC cuts late payment interest rate to 8%
HMRC will reduce late payment and repayment interest rates from 27 August following the 0.25% cut in the base rate earlier in the month. The Bank of England cut the…
Deadline approaching to extend teen Child Benefit claims
Parents have less than a week to tell HMRC their 16-19-year-old is continuing education or training, or their Child Benefit payments will stop. Hundreds of thousands of teenagers will decide…
IHT on pensions most unpopular of Labour’s tax increases
Inheritance Tax (IHT) on pensions is the most unpopular of the tax raising measures introduced by the Labour government during its first year, according to a survey. The survey conducted…
HMRC to fine crypto investors £300 for non-disclosure
UK-based holders of cryptoassets will have to provide personal details to crypto service providers or face penalties of up to £300 from HMRC. The regulations will be introduced in the…
HMRC criminal tax offence plan risks going too far, warns CIOT
HMRC plans to introduce a tax avoidance criminal offence risks overreach, the Chartered Institute of Taxation (CIOT) has warned. HMRC plans to create a new strict liability criminal offence for…
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