Tax News

Cryptoasset disposals under scrutiny from HMRC


HMRC has begun to issue ‘nudge letters’ to cryptoasset owners who may have underpaid tax when selling their assets, urging ...

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Repeal of furnished holiday lettings tax regime – Last chance for capital allowance claims


The furnished holiday lettings (FHL) tax regime is set to be scrapped from April 2025, with draft legislation already on ...

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Reminder – The deadline to register for Self-Assessment is approaching


When you're self-employed, keeping track of essential dates and deadlines can be challenging. One crucial date to remember is 5 ...

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Potential Inheritance Tax changes to pension pots – What it could mean for you


Speculation is mounting after the Institute for Fiscal studies (IFS) suggested changes to Inheritance Tax (IHT) on defined contribution pension ...

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The Budget is coming – It is time to prepare


The first Budget of the new Labour Government has been announced to take place on 30 October 2024. Ahead of ...

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Worried about a new tax bill? A guide for pensioners


Recently, many pensioners received surprising news: a tax bill for the first time. This stems from HM Revenue & Customs ...

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Taxes on the rise: A certainty, not a possibility


By the time you read this, the next UK Government is likely to have been formed. Whatever the outcome achieved ...

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Total Income Tax and NI income hits new high


HM Treasury has taken £77.2 billion in Income Tax and National Insurance (NI) since April 2024 – signalling the effect ...

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Labour’s election win – Understanding its impact on your finances


As the sun rose on Friday morning, Labour began its celebration of a significant victory, claiming a majority that fell ...

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