Average household energy bills will rise to £3,549 in October following the decision of energy regulator Ofgem to raise the price cap.
The record 80% hike will see a typical default tariff…
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Average household energy bills will rise to £3,549 in October following the decision of energy regulator Ofgem to raise the price cap.
The record 80% hike will see a typical default tariff…
HMRC will raise interest rates on tax debt from 11 October following the 0.5% increase in the base rate.
This means that the late payment interest rate will increase to 4.75% from 11 October…
A significant number of UK businesses that trade internationally expect to see an increase in their exports over the coming year, according to an Institute of Directors (IoD) survey.
The survey…
Tax non-compliance during the pandemic cost the UK government £9 billion, according to a report from the National Audit Office (NAO).
HMRC redeployed around 1,350 workers to Covid-19 support…
HMRC has reminded married couples eligible for the Marriage Allowance to make use of the tax relief.
Over 2.1 million couples currently benefit from the Allowance, HMRC said. Married couples…
Interest rates have been increased to 4.25% from 4% by the Bank of England (BoE) as it tries to slow rising prices.
The BoE's decision to increase rates for the 11th time in a row comes after…
£177.6 million was lost to impersonation scams in 2022, data published by trade association UK Finance has revealed.
The data showed that there were 45,367 cases of impersonation scams in…
The UK rate of inflation fell to 8.7% in April from 10.1% in March, according to the latest data from the Office of National Statistics (ONS).
The fall has been attributed to energy price…
The largest overhaul of alcohol duty in 140 years sees drinks taxed by strength rather than category from 1 August.
It also sees the introduction of Small Producer Relief, which aims to help…
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