Nov 5, 2024 | Business TaxGovernment AnnouncementsPersonal Tax
From April 2026, all tax advisers dealing with HMRC will be required to register under new Government rules aimed at reducing unethical practices. The mandatory registration is part of a broader effort to regulate the tax advice industry and eliminate rogue...
Oct 24, 2024 | Personal Tax
Water companies across England and Wales are seeking even higher bill increases than originally proposed, with Southern Water requesting the biggest rise of 84%. Thames Water, the UK’s largest water provider, is pushing for a 53% increase, potentially raising annual...
Oct 23, 2024 | Business TaxPersonal Tax
HMRC receipts for September 2024 surpassed £64bn, an increase of nearly £4bn from August and over £3bn more than September 2023. Between April and September, total tax and National Insurance contributions (NICs) reached £406.3bn, £11.1bn higher than in 2023. Income...
Oct 18, 2024 | Business TaxPersonal Tax
HMRC has announced a significant update to Making Tax Digital (MTD) for Income Tax, confirming that more than one agent can now act for a single client. This change comes ahead of the phased MTD rollout, which starts in April 2026. Previously, only one agent could act...
Oct 9, 2024 | Personal Tax
The Government is set to unveil significant reforms to employment rights, spearheaded by Deputy Prime Minister Angela Rayner. The Employment Rights Bill, part of Labour’s Good Work Plan, will be released on Thursday, 10 October, within the Government’s 100-day...