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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

Home Office data shows that the UK received 111,000 asylum applications in the year to June 2025 – a 14% increase on the previous year, and higher than the previous peak in 2002. Many people ask: where does the money for asylum seekers and refugees actually come from? Is it funded directly by taxpayers’ contributions?

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

With remote and hybrid working now a widespread trend, tax issues for homeworking employees are increasingly in focus. HMRC has recently clarified that anyone incorrectly claiming tax relief for working from home when they are not eligible could face a substantial repayment bill.

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.

On 15 June 2025, the UK government officially launched a landmark reform in the real estate sector — the new Energy Performance Certificate (EPC) assessment standard, RdSAP 10, came into effect. As the most significant upgrade to the EPC system in over a decade, this policy shift will have profound implications for property transactions and the rental market, bringing new compliance requirements, investment considerations, and opportunities for landlords, investors, and in

According to HMRC’s latest annual report, a record 46,266 tax penalties were cancelled in the past year. These penalties were originally issued for late filing, but in many cases the taxpayers involved did not actually owe any tax. Automatic late filing penalties can be appealed In the UK, if you miss the filing deadline for Self Assessment or VAT returns, both individuals and businesses are automatically issued with a penalty notice.

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

Against the backdrop of high taxes and rising living costs in the UK, many people choose to build up their wealth through savings interest or investment products. What some may not realise, however, is that while savings capital itself is not taxed, the interest earned on savings is subject to taxation – this is known as the tax on savings interest. In recent years, the tax burden on British savers has grown heavier.

Britain’s pension system is under mounting pressure, with millions of retirees already struggling to make ends meet and younger generations at risk of even greater hardship in the future. Recent data from the International Longevity Centre (ILC) and the Pensions Policy Institute paints a stark picture of a nation facing a deepening retirement crisis.

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

HMRC has officially announced new rules – from 1 January 2026, tax reporting requirements for crypto assets will tighten significantly, and tax evasion will face severe penalties.

Protests have recently broken out outside migrant hotels across the UK, with public anger over illegal immigration continuing to escalate. In addition to safety concerns and the controversy over hotel costs, the UK faces a worsening housing crisis, which has become a major source of frustration for citizens and legal immigrants alike.

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

In recent years, an increasing number of workers in the UK have chosen to take on part-time work to earn extra income – for example, delivering food in the evenings, selling handmade crafts online, freelancing, or helping friends with various tasks. Flexible side jobs have become an important way to cope with the rising cost of living and to pursue financial independence.

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.

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

According to the latest data from the British Retail Consortium (BRC), annual food inflation in June rose to 3.7%, up from 2.8% in May – the largest monthly increase in nearly a year. The price hike breakdown: ‘climate tax’ and ‘policy tax’ on the dinner table.

Under Rent a Room Scheme, if you live in a UK property and rent out a furnished room in your main home, you could effectively boost your tax-free income to £20,070 per year.

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