Ecommerce News

The UK plans to abolish the tax exemption for low-value parcels by March 2029; the income-tax threshold freeze is pushing millions into higher tax bands, increasing the burden on working households; and net migration has fallen sharply as work and study visa arrivals decline significantly.

Labour will abandon its plan to raise income tax in the upcoming budget; Black Friday spending in the UK may reach £14 billion amid rising scam risks; and ticket-resale platform Viagogo has been hit with a £15 million tax demand.

Amazon announces 15,000 layoffs as the AI revolution hits middle management; the number of centenarians reaches a record high, and the State Pension age in the UK may rise above 70; meanwhile, 40% of small businesses have failed to pay taxes owed to HMRC.

More than 1.1 million UK pensioners may soon pay income tax on savings interest; Temu’s EU profit nears $120 million despite having only eight employees, sparking tax controversy; and UK inflation remains unchanged at 3.8% for the third consecutive month.

Fast fashion giant Shein has delivered a striking performance in the UK market. In 2024, its sales surged by 32.3% year-on-year to surpass £2.05 billion (around USD 2.77 billion). This result has already pushed Shein ahead of Boohoo and close to overtaking Asos. The figures come from a report filed by Shein’s UK subsidiary with Companies House, revealing how it has managed to win over millions of fans in one of the world’s most competitive retail landscapes.

UK Deputy Prime Minister admits to underpaying property tax and steps down; UK rents hit a record high with the cheapest regions revealed; Shein faces a UK tax storm as billions in revenue “flow” to Singapore.

Number of countries suspending parcel shipments to the US grows to 25! More than £8bn wiped off British banks over Reeves tax raid fears! Electric cars eligible for £3,750 discount announced

State pension alert: DWP called to raise payments to £586 a week and slash retirement age to 60; Online fashion retailer Shein’s UK sales leap by a third to more than £2bn; UK Cuts Dividend Tax Allowance Twice: 3.6 Million Investors Now Face Tax

Following significant progress made by the G7 nations on the global minimum tax and the crackdown on multinational tax avoidance, the United States has agreed to remove Section 899 – a retaliatory tax clause against foreign companies – from the Big Beautiful Bill. This move spares UK-based businesses from what could have been an enormous additional tax burden.

UK investors buy gold coins in record numbers to mitigate against tax; UK retailers warn of more price hikes as tax costs bite; Biometrics to replace stamps at EU border from 12 October

UK's pension triple lock to cost three times more; Donald Trump announces 30% tariff on imports from EU; HMRC confirms new income tax change starts next April

Tax rise warning after higher-than-expected UK borrowing. Trump threatens 50% tariffs on EU and 25% on iPhones. HMRC issues 'minimum tax bill' of nearly £100,000 UK homes.

The US administration recently announced a plan targeting more than 20 economies with the largest trade deficits with the US, claiming unfair trade practices are harming American interests. In addition, the US plans to impose a 10% baseline tariff on nearly all imports from HMRC first introduced the concept of Making Tax Digital (MTD) in 2015, with the aim of phasing out paper-based tax returns and shifting to digital submissions via approved software — ushering in a system

The Prime Minister proposes stricter immigration rules with English Tests and Delayed Settlement. UK and US announce trade deal. Interest rate cut to 4.25% by Bank of England.

Temu to stop selling goods from China directly to US customers. House prices fall in April as stamp duty changes kick in. Milkshakes and lattes could be covered by sugar tax.

If you have a full-time job but enjoy making some extra money through second-hand selling platforms, you need to be aware of changes to income tax rules!

New tax rises warning as borrowing jumps in UK hit by tariff wars. Energy price cap set to fall in July, according to forecast. Retail sales see biggest rise for nearly four years.

With the new financial year, a series of tax increases announced in last autumn’s budget came into effect. These changes impact not only income tax, corporation tax, and capital gains tax but also pension reforms, national insurance adjustments, and taxation on high earners and new UK residents’ global income.

Hundreds of UK companies have been fined for submitting false information during registration. Donald Trump has imposed 10 per cent tariffs.

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