However, it expects the economy to get a slight boost in late 2026 from lower interest rates and a "gradual" improvement in ...

Millions of Brits could be taxed on their savings interest this year as their savings interest exceeds the personal savings ...

This change, combined with frozen tax-free savings allowances, means millions more people could be inadvertently drawn into ...

HMRC is sending out new tax codes to UK households - halfway through the tax year. Labour Party government tax arm HMRC is ...

Welcome to the November 2024 edition of our UK Tax Round Up. This month has seen publication of the Finance Bill 2024-25 and interesting cases on the loan relationship unallowable purpose test and the ...

If you go over your allowance, you pay tax on any interest over your allowance at your usual rate of income tax ...

For those aged 18-20, the minimum wage will rise from £10 an hour to £10.85. For apprentices and other employees aged 16 and ...

UK Treasury chief Rachel Reeves has announced a second consecutive year of hefty tax rises, a move aimed at reassuring ...

AJ Bell says months of budget tax speculation triggered £600m in early pension withdrawals and attacks Rachel Reeves’s ...

Income tax will be scrapped for people whose sole income is the state pension, the Treasury has confirmed. The state pension ...

UK house prices withstood market nervousness in the run-up to the Budget and pressures from high interest rates, gaining 0.3 ...

As outlined above, the loan relationship debits recognised by JTI in respect of the loan from its US parent are the subject matter of this case. The FTT had agreed with HMRC that the loan relationship ...