HMRC releases tool to check NI shortfalls

HMRC and the Department for Work and Pensions have launched the "Check your State Pension Forecast" online tool, enabling individuals to verify gaps in their National Insurance (NI) contributions since 2006 and determine if additional payments are necessary to secure...

UK video game developers receive funding boost

The UK Games Fund (UKGF) has allocated £3 million in grants to 22 burgeoning video game studios to enhance their development projects and boost market readiness. This initiative is part of a broader Government strategy aiming to expand the creative industries by £50...

Debt Relief Order limit increased to £50,000

From 28 June 2024, the limit for debt covered by a Debt Relief Order (DRO) for individuals who do not own a home will rise from £30,000 to £50,000. A DRO halts payments on debts, including interest, for 12 months, apart from rent and utility bills. It imposes certain...

HMRC reverses helpline changes

HMRC has quickly reversed its decision to permanently close certain helplines following widespread backlash. Initial plans included shutting down the self-assessment helpline for six months from April and limiting the VAT helpline to weekdays only. Critics, including...