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Weekly News
We will update tax news weekly, bringing you the latest tax and accounting insights from the UK and around the world.


EU Implements New Border Rules: Passport Stamps Scrapped, UK Unveils Homebuyer Tax Rebate, Mobile Payments Hit New Record
Conservatives pledge £5,000 tax rebate for young home buyers; The EU’s new border rolls out, will replace passport stamping at border control; Brits opt for mobile phone payments as cash usage declines.

TBA
7 days ago5 min read


UK Young Adults Aged 18–23 Could Claim Thousands of Pounds! Prime Minister Cracks Down on Immigration and Pushes Education Reforms! Packaging Tax May Push Food Inflation Up by Another 0.5%!
HMRC Urges 758,000 Young People to Claim Unused Child Trust Funds; Prime Minister’s Labour Conference Focuses on Immigration Policy and Education Reform; Packaging Tax Increases Cost Pressures, UK Food Inflation May Rise by Another 0.5%

TBA
Oct 75 min read


UK to Introduce Digital ID! HMRC Restarts Mandatory Debt Recovery! PM Starmer Caught in Land Trust Tax Avoidance Row
HMRC to resume taking tax owed by debtors directly from their bank accounts; The government has announced plans to introduce a digital ID system across the UK; Starmer denies putting seven-acre field in trust to avoid inheritance tax

TBA
Sep 295 min read


State pension likely to rise by 4.7% in April! Temu’s UK operation doubles revenues and pre-tax profit! Reeves plots ‘taxi tax’ as borrowing costs soar
State pension likely to rise by 4.7% in April! Temu’s UK operation doubles revenues and pre-tax profit! Reeves plots ‘taxi tax’ as borrowing costs soar

TBA
Sep 225 min read


HMRC raises small business ‘phoenixing’ tax loss to £836mn!150,000 people join 'Unite the Kingdom' march in London! UK economy saw zero growth in July
HMRC raises small business ‘phoenixing’ tax loss to £836mn!150,000 people join 'Unite the Kingdom' march in London! UK economy saw zero growth in July

TBA
Sep 154 min read


UK Deputy Prime Minister Resigns Over Underpaid Property Tax! Rents Soar to Record Highs! Fast-Fashion Giant Shein Caught in Tax Controversy!
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.

TBA
Sep 85 min read


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
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

TBA
Sep 14 min read


UK may introduce property tax on homes over £500,000? Rail fares may rise by 5.8% next year! Asylum applications exceed 110,000, setting a new record!
Reeves considering new property tax on houses worth more than £500,000; Rail fares in England on path to rise by 5.8% next year on back of inflation data; Record 111,000 UK asylum applications in past year

TBA
Aug 264 min read


State Pension to Rise to £586 a Week? Chinese E-Commerce Giant Shein Hits £2 Billion Sales in the UK! Over 3 Million Investors to Pay Dividend Tax!
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

TBA
Aug 185 min read


UK May Raise Basic Income Tax Rate to 25%?! Private School Parents Face HMRC Back-Tax Warning! Interest Rates Fall to Lowest Level in Over Two Years
Rachel Reeves needs to put up taxes to cover £40bn deficit; HMRC could claw back VAT from private school advance fee schemes; Interest rate cut to lowest level in more than two years

TBA
Aug 115 min read


Are Brits Buying Gold to Avoid Taxes? Major EU Border Changes from October! Heavy Business Taxation May Keep Pushing Prices Up!
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

TBA
Aug 34 min read


UK Considers Ending Pension ‘Triple Lock’ and Charging for NHS; 24+ Councils Back Four-day week
The UK Chancellor is considering ending the pension 'triple lock' system and introducing charges for NHS treatments; over 24 local councils are pushing for a four-day workweek, with South Cambridgeshire District leading the way by making it permanent; UK MPs jointly call for the introduction of a 'wealth tax'.

TBA
Jul 285 min read


UK Voting in Next General Election Age Lowered to 16, Mortgage Eased for First-Time Buyers — Labour Market Woes May Slow Rate Cuts
Rachel Reeves has announced the ‘biggest financial regulation reforms in a decade; 16 and 17-year-olds will be able to vote in next general election; UK unemployment rises and wage growth slows as jobs market ‘weakens’

TBA
Jul 215 min read


UK Faces Pension Crisis? Income Tax Reform Coming April 2025; Donald Trump announces 30% tariff on imports from EU
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

TBA
Jul 145 min read


UK Tax-Free Allowance Freeze May Push 7 Million into Higher Tax Rates! Labour's Welfare Reform U-Turn Sparks Controversy
HMRC's urgent warning to seven million UK households over tax rates; U-turn in UK Welfare Reform: Planned Fiscal Savings May Evaporate; The EU is considering imposing high tariffs on Chinese electric vehicles.

TBA
Jul 75 min read


Business Energy Bills could be cut by up to 25%! Winter fuel payment Returns—But with a Tax Twist? HMRC to Reduce taxpayer letters by 75%!
HMRC to reduce taxpayer letters in £50m cost-cutting plan; UK considers taxing pensioners to claw back winter fuel payment; Energy bills could be cut by up to 25% for thousands of UK businesses.

TBA
Jun 304 min read


Millions more to get £150 off energy bills; Chancellor Eyes Softer Inheritance Tax; Bank of England Holds Rate at 4.25%
Millions of people will receive a £150 energy bill discount; the Chancellor is considering easing inheritance tax reforms to curb capital outflows; the Bank of England keeps the base interest rate at 4.25%.

TBA
Jun 235 min read


UK Economy Shrank 0.3% in April, Higher Taxes and Spending Cuts Expected
The UK economy shrank by 0.3% in April, with further tax hikes and spending cuts likely; council tax is expected to increase by 5% annually; the UK unemployment rate has risen to its highest level in four years.

TBA
Jun 164 min read


£47 Million Phishing Scam Hits HMRC, 100,000 Accounts Affected | Winter Fuel Payment Reinstated | Property Market Enters Adjustment Phase
100,000 HMRC accounts hit as scammers steal £47m in phishing attack; Winter fuel payments to be reinstated this year; First-time buyers typically borrowing for 31 years

TBA
Jun 95 min read


UK Government Unveils £25bn Pension ‘Megafunds’, Considers ‘Bath Tax’ and Scrapping Two-child Benefits Limit
Prime Minister says government 'will look at' scrapping two-child benefits limit; Labour plots ‘family bathtime tax’ on water bills; Reeves outlines plan for £25bn pension 'megafunds'.

TBA
Jun 24 min read
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