The level at which people start paying national insurance rose from £9,880 to £12,570 from 6 July.
According to the government, 30 million people across the UK will benefit from this tax cut.…
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The level at which people start paying national insurance rose from £9,880 to £12,570 from 6 July.
According to the government, 30 million people across the UK will benefit from this tax cut.…
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…
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…
The Public Accounts Committee (PAC) has criticised the government for losing billions of taxpayers' money to fraud and error in pandemic support.
The Department for Business and Trade (DBT)…
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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