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Increases to the National Living Wage and National Minimum Wage took effect from 1 April.

From April 2025, the NLW will increase by 6.7% and the NMW by as much as 18% depending on the category…

Chancellor Rachel Reeves announced 'no further tax increases' in the 2025 Spring Statement.

The Chancellor's Autumn Budget contained a record £40 billion in tax increases. However, it did not…

Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025.

In the run up to the event, the Chancellor stated that she 'remains committed to one major fiscal…

The first Finance Act of the Labour government has gained Royal Assent and passed into law.

The Finance Act 2025 makes major changes to the tax rules for non-doms, removes the VAT exemption…

The reporting threshold for trading income for self assessment is being lifted from £1,000 to £3,000 gross within this parliament, according to the Treasury.

This includes people trading clothes…

New company car advisory fuel rates have been published and took effect from 1 March 2025.

The guidance states: 'you can use the previous rates for up to one month from the date the new…

The financial benefits of MTD for VAT could be as high as £915 million, according to analysis carried out by HMRC.

Since April 2022 all VAT-registered businesses should be using MTD compatible…

The ideal time to take stock

The run up to the end of the tax year on 5 April 2025 is a good time to make sure that your family and business finances are arranged in the best way possible.

We…