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'.

On 18 March 2025, the UK welfare system reached a turning point. Liz Kendall, Secretary of State for Work and Pensions, firmly announced in Parliament a ‘surgical’ reform of the social security system, aiming to strip £5 billion annually from public welfare spending. The sweeping reforms targets 34 different benefits, from disability allowances to chronic illness support.

From April onwards, various UK tax changes, along with rising household bills, have created new challenges and opportunities in personal and business financial planning. Of particular concern for foreign nationals residing in the UK is the new policy which took effect on 6 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 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

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!

As we move further into the digital age, many industries are gradually abandoning paper-heavy administrative processes in favour of streamlined, digital solutions. 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 of real-time tax.

All companies operating in the UK must be registered with Companies House. Once registered, they are required to submit an annual Confirmation Statement and Annual Accounts, which help the public, investors, and government assess a company’s financial health and operations.

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.

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!

Selling homemade food in the UK is subject to regulatory oversight, just like opening a restaurant. You must obtain the necessary certifications, fulfil your tax obligations, and may even be eligible for tax relief.

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.

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

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Does HMRC owe you money? You may be entitled to a refund! Check your tax code now!