This month’s Autumn Statement has led to an onslaught of headlines featuring the phrase ‘fiscal drag’.

Sometimes referred to as a ‘stealth tax’ the term doesn’t normally move beyond the Westminster...

More than 27 million households across Great Britain have been given their first £66 payment towards their energy bills.

The Government’s Energy Bills Support Scheme (EBSS) has already handed out £1.8 billion in...

Low-paid workers were given a welcome boost in Jeremy Hunt’s Autumn Statement with the announcement that the National Living Wage (NLW) would rise by almost 10 per cent.

From April 1 2023, the NLW will go up by 92p to...

The new Chancellor of the Exchequer, Jeremy Hunt, has delivered his Autumn Statement to the House of Commons against a backdrop of a worsening cost of living crisis and with confirmation from the Office for Budget Responsibility OBR that the UK...

Receiving a big tax bill can be overwhelming and can create an even bigger problem – how to pay it.

To help provide a solution and ease the financial burden, HMRC offers the Time to Pay scheme, enabling Self Assessment customers...

Are you a sole trader or partnership? Do you use an accounting date between 6 April and 30 March?

If you answered ‘yes’ to both questions, you need to be prepared for a change coming from HMRC in the way it assesses your...

Green investment can help future-proof the UK economy, but we need to ‘act fast and act now’.

Those were the words of Trade Secretary Kemi Badenoch when she spoke at a landmark trade event in the North East of...

The clock is ticking down to complete Self Assessment tax returns with HM Revenue and Customs (HMRC) reminding customers not to forget to include a very important payment.

More than 2.9 million people claimed at least one...

Business owners who are minded to celebrate the forthcoming Christmas break with their staff are reminded that there is a tax-free allowance for the provision of an annual party or other event for the benefit of staff and their partners. The...

Brexit. COVID-19. Cost of living. Energy prices. Number 10. Bank rates. Economic freefall.

It’s fair to say businesses have faced an unprecedented number of challenges over the past two years and if you’ve felt like curling...