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Another million savers to be hit with tax on interest
The frozen Savings Allowance combined with rising interest rates will push over one million taxpayers…
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HMRC should increase rewards for whistleblowers, says law firm
HMRC should increase the rewards it pays out to whistleblowers in line with the US system,…
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Over a third of households across England will pay higher energy bills this winter
More than a third of English households will see higher energy bills this winter than they…
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Inflation falls to 6.8% in July
The UK’s annual inflation rate fell to 6.8% in July, down from 7.9% in June,…
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UK set for five years of lost economic growth, warns think tank
The UK is set for five years of lost economic growth, according to research from think…
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HMRC gives £1.8 million a year to charities to help excluded taxpayers
The voluntary and community sector will be able to apply for grants from HMRC to support…
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Tax down on pints but up on wines and spirits in Alcohol Duty overhaul
he largest overhaul of alcohol duty in 140 years sees drinks taxed by strength rather…
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Almost a million Child Trust Funds still unclaimed
Almost a million young people have yet to access savings contained in Child Trust Funds…
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CMA scheme will force retailers to publish live fuel prices
A new fuel finder scheme to enable drivers access to live fuel prices and revitalise…
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HMRC increases late payment interest rate to 7.5%
HMRC has increased interest rates with late payment bills charged 7.5% from 11 July, the highest…
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Bank of England raises UK interest rates to 5.25%
The UK’s interest rate has been raised to 5.25% by the Bank of England, as it…
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UK inflation falls as economy shrinks in May
The UK’s rate of inflation fell to 7.9% in the year to June while the country’s…