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New MTD Digital Tax Exemption Rules Announced! Winter Fuel Payments to Be Taxed; UK economy showed surprise 0.5% growth
2.2 million retirees to pay tax on Winter Fuel Payments; HMRC clarifies MTD for Income Tax exemption criteria and timeline; UK economy grows by a stronger-than-expected 0.5%
TBA
6 days ago6 min read
UK’s “Awful April”: Household Bills Rise by Over £200 on Average! Minimum Wage Increased to £12.71! King’s Speech Set for May 13
The UK’s minimum wage has increased by 4.1%; the King’s Speech is scheduled for May 13; households across the UK will face more than £200 in additional costs this April.
TBA
Apr 75 min read
Why are Britain's billionaires often missing from the tax list?
Why is it that while the UK has 156 billionaires, only 100 people paid more than £11 million in tax? Why are some individuals with a net worth exceeding £10 billion completely absent from the list?
TBA
Mar 255 min read
HMRC to Recover Taxes from 14,000 Households! London Underground Fares to Rise by 5.8% Next Year! UK Economy Shrinks Again
HMRC is seeking to recover taxes from 14,000 households amid a dispute over the “seven-year gift rule”; fares across the London Underground network are set to increase by 5.8% in 2026; and the UK economy unexpectedly contracted by 0.1% in October.
TBA
Dec 15, 20256 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
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