Author: Ammu Accounting

Rachel Reeves’s first Budget will be on Wednesday 30 October. “I have to tell the House [the] Budget will involve taking difficult decisions to meet our fiscal rules across spending, welfare and tax.” The Chancellor’s ‘Public Spending: Inheritance’ speech to […]

Promised adjustments to pension law are missing a key element: increasing minimum contribution levels.

Will increased capital gains tax (CGT) mean less tax gets paid? Source HMRC The Labour Party’s 2024 manifesto said, ‘We will not increase National Insurance, the basic, higher, or additional rates of Income Tax, or VAT.’ The absence of any […]

Since July, it has been illegal for employers to withhold tips from staff.

The latest scam highlighted by HMRC is rather ‘old school’, involving letters posted to companies instead of the more usual digital communication.

HMRC has launched a new digital tool to help businesses estimate the potential impact of their VAT registration.

Chancellor Rachel Reeves has announced new tax measures impacting private schools and social care.

The number of taxpayers caught in the 60% tax trap has increased by nearly 25% over the past year.

The date of the next Budget has been announced, accompanied by the new Chancellor’s warning about government finances.

Self-employed workers will see a substantial reduction in their Class 4 national insurance contributions (NICs) for the current tax year

HMRC has launched a campaign of one-to-many letters given its increasing concern surrounding the electronic suppression of sales (ESS).