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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.
£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
5d5 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
UK Borrowing in April Exceeds Expectations: Tax Hikes Possible in Autumn!
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.
TBA
May 274 min read
UK rich list has recorded the biggest drop in 37 years
UK Rich List sees biggest drop in 37 years! 10% of Britons save no money! New 10-year permanent residency policy may affect current visas!
TBA
May 195 min read
The Prime Minister Proposes Stricter Immigration Rules with English Tests and Delayed Settlement
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.
TBA
May 124 min read
Temu to stop selling goods from China directly to US customers
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.
TBA
May 65 min read
New tax rises warning as borrowing jumps in UK hit by tariff wars
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.
TBA
Apr 284 min read
Number of payrolled workers in UK fell by 78,000 ahead of budget tax rise
UK Prime Minister Sir Keir Starmer Paid £54,718 in Tax Last Year. Inflation continues to fall, more interest rate cuts are expected this year. Number of payrolled workers in UK fell by 78,000 ahead of budget tax rise
TBA
Apr 224 min read
Super-rich flee London: the loss of millionaires second only to Moscow
HMRC halts phone and webchat self-assessment refunds. Super-rich flee London: the loss of millionaires second only to Moscow. HMRC halts phone and webchat self-assessment refunds.
TBA
Apr 144 min read
Hundreds of UK companies have been fined for submitting false information during registration
Hundreds of UK companies have been fined for submitting false information during registration. Donald Trump has imposed 10 per cent tariffs.
TBA
Apr 74 min read
HMRC announces three new tax rules with millions of UK households warned
Rachel Reeves may have to raise UK taxes in October. HMRC announces three new tax rules with millions of UK households warned.
TBA
Mar 315 min read
Labour plans to implement a 2% wealth tax to generate additional billions of pounds in revenue.
Labour plans to implement a 2% wealth tax to generate additional billions of pounds in revenue.
TBA
Mar 244 min read
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