top of page

All Posts


Do Company Benefits Also Get Taxed? How Benefit-in-Kind Tax Affects Employee Income and Corporate Tax Burden
From the 2025 tax year, the Benefit-in-Kind regime will undergo several changes: higher tax rates for electric vehicles, reclassification of certain car models, and the upcoming introduction of the ‘payrolling’ system for real-time taxation of benefits.

TBA
Nov 19, 20254 min read


Labour’s Emergency U-Turn: Income Tax Rise Dropped from Budget! Black Friday Spending Could Hit £14 Billion! Viagogo Hit with Multi-Million Pound Tax Bill
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.

TBA
Nov 17, 20255 min read


Workers Could Pay Thousands More In Income Tax? Which Tax Policies Might Be Affected by the Autumn Budget?
The 2025 Autumn Budget is scheduled for 26 November, more than a month later than last year. The following are among the most discussed possibilities.

TBA
Nov 14, 20255 min read


Opening a Shop or Office in the UK? Small Business Relief Could Save You Thousands of Pounds!
If you plan to start a business or are already operating from commercial premises, business rates are a crucial tax to understand in addition to company registration, accounting and tax filing. Business rates are closely tied to your eligibility for Small Business Rate Relief (SBRR).

TBA
Nov 12, 20254 min read


Millions of UK Social Media Users Could Face £100 Fines! HMRC Reviews Child Benefit Suspensions; Bank of England Keeps Interest Rates Unchanged
Millions of UK social media users may face £100 tax penalty risks; HMRC is reviewing the suspension of 23,500 child benefit payments; and the Bank of England expects inflation has peaked while maintaining current interest rates.

TBA
Nov 10, 20255 min read


UK Refugee Hotels to Close: is the HMO Investment Boom Coming to an End?
However, the number of available beds and support services remains far from sufficient to meet the influx. This will push pressure onto local communities and the private rental sector, increasing the likelihood that asylum seekers will be dispersed into houses in multiple occupation (HMOs).

TBA
Nov 7, 20254 min read


Understanding Life Insurance Payouts and Inheritance Tax Exemptions in the UK
Under current UK law, life insurance payouts are not automatically exempt from Inheritance Tax. Whether they are taxed depends entirely on how the policyholder and beneficiaries are arranged. The key factor is whether the payout forms part of the deceased’s estate.

TBA
Nov 5, 20254 min read


AI Shockwave: U.S. Layoffs May Exceed One Million This Year! UK Pension Age Could Rise to 70? 40% of Small Businesses Owe Unpaid Taxes
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.

TBA
Nov 3, 20256 min read


How Much Tax Do You Pay When Selling a Business in the UK?
Whether transferring all your shares or disposing of part of the business assets, the key question you’ll face is: how much tax will you need to pay when selling a business in the UK.
This does not only involve Capital Gains Tax (CGT) but also requires careful planning around available reliefs and the compliance of the transaction structure.

TBA
Oct 31, 20254 min read


Beware Of New QR Scams Costing £10,000 A Day!
In recent years, QR codes have become an indispensable part of daily life and are increasingly common across the UK. Whether ordering drinks in a bar or paying for parking, a quick scan can complete the transaction within seconds.
According to British media reports, in just one year QR scams have cost consumers more than £3.5 million.

TBA
Oct 29, 20254 min read


Retirement Savings Tax to Hit Over a Million People! Temu Earns $120 Million with Just 8 Staff; UK Inflation Holds Steady at 3.8% for Third Month
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.

TBA
Oct 26, 20255 min read


HMRC Restarts Compulsory Debt Deductions – Does HMRC Have The Right To Access Bank Accounts?
As winter approaches, heating, electricity and food expenses are expected to climb even higher, potentially pushing more households into debt crises. At the same time, HMRC has announced the restart of its Direct Recovery of Debts (DRD) scheme, which allows the tax authority to deduct unpaid taxes directly from individuals’ bank accounts.

TBA
Oct 24, 20254 min read


Nearly Half a Million UK SMEs Missed Tax Deadlines – How Close Is Your Company to an HMRC Audit?
Recent UK tax compliance data has sounded the alarm once again: in the past three years, nearly half a million small and medium-sized enterprises (SMEs) repeatedly missed tax deadlines, with as many as 19% admitting they delayed tax payments more than five times in just the past 12 months. A combination of complex tax rules and cash flow pressures is dragging UK SMEs compliance levels down.

TBA
Oct 22, 20254 min read


UK Enters Winter Time This Week, Snow Expected in October! Nearly 500 Firms Fined for Failing to Pay Minimum Wage! Chancellor Plans £1 Billion Budget Cut
UK weather maps show the exact 3 consecutive days snow is forecast in October; Nearly 500 companies have been fined by the government for failing to pay employees the legally mandated minimum wage; Rachel Reeves plots £1bn cut to Motability scheme.

TBA
Oct 20, 20254 min read


Autumn Energy Bills Set to Rise Again! What Benefits, Subsidies, And Tax Reliefs Can UK Households Still Claim?
Since April this year, multiple tax increases in the UK have not only added pressure on businesses but also made the cost-of-living challenge for households more severe—water, electricity, and energy bills have all gone up.
From October 1, Ofgem has updated the energy price cap, increasing the average annual household bill by £35.14 to £1,755.14 (up from the £1,720 rate effective since July).

TBA
Oct 17, 20253 min read


Two-Child Benefit Cap May Be Scrapped - Could Ordinary Families Gain £20,000 More Each Year?
In 2025, global population growth has entered a new stage of observation – many countries are seeing a marked decline in fertility rates, and the world is stepping into a ‘low fertility era’. As the demographic dividend gradually fades, numerous countries are now introducing new policies to encourage childbirth.

TBA
Oct 15, 20254 min read


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
Oct 13, 20255 min read


Reform UK Makes Bold Pledge: Scrap Permanent Residency, Cut Welfare – Can the Party Rise Beyond ‘Anti-Immigration’ Politics?
In recent years, immigration to the UK has reached record highs. Home Office data shows that in 2023 net migration exceeded 740,000, the highest in history. From the Conservatives raising the salary threshold for work visas, to Labour proposing a ten-year route to permanent residency, tougher immigration policy has become a rare point of cross-party consensus.The Reform UK party went further: if it wins the next general election, it would abolish the right of work visa holde

TBA
Oct 10, 20253 min read


Could the UK introduce a ‘mansion tax’?
The UK Chancellor, Rachel Reeves, has confirmed that the next Autumn Statement will be delivered on 26 November. It is expected to include a series of potential tax adjustments and fiscal reforms. Given that inflation has remained high in recent months and the UK economy has shown weak data, many analysts believe Reeves may avoid raising taxes directly on ‘working people’, such as VAT, income tax, and National Insurance contributions. Instead, the government may target bank

TBA
Oct 7, 20253 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 7, 20255 min read
bottom of page