In her first detailed tax announcements as Chancellor, Rachel Reeves targeted both those starting off in life and those approaching their later years. School fees From 1 January 2025, private school fees will be subject to the standard rate of 20% VAT for the cost of tuition and boarding, if...
Caught in the 60% Tax Trap?
The number of taxpayers caught in the 60% tax trap has increased by nearly 25%...Opening the Books – The Government’s Spending Inheritance
The date of the Autumn Budget has been announced (Wednesday 30 October 2024), accompanied by...Digital Invoicing Could Prevent Invoice Fraud
Companies without a digital invoice processing system in place are leaving themselves open to invoice...
For 2022/23, the tax gap has increased to a record £39.8 billion, with small businesses being blamed for around 60%...
Self-employed workers will see a substantial reduction in their Class 4 national insurance contributions (NICs) for the current tax year...
Employers need to be aware that since 6 April 2024, employees are entitled to take a week’s unpaid leave each...
Are you looking to maximise your retirement income? If you were born after April 5, 1951 (for men) or April...
Taxpayers will benefit from the changes made to the high-income child benefit charge thanks to all tax measures from the...
England’s next General Election is this week, so let’s reflect on tax plans that Labour and the Conservatives promised when...