News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
‘Cladding tax’ a step closer to 2022/23 introduction
HMRC considers bringing in a new residential property developers’ tax.Pension freedoms age to increase from 55 to 57
Plans to be written into Finance Bill 2022 and take effect from April 2028.37% plan to use state pension for care costs
Care costs become unaffordable for some pensioners.Fresh concerns over capital gains tax rise
A tax hike could generate £14bn a year.IHT overwhelmingly hits London and South East
Hertfordshire pays more IHT than Northern Ireland and Wales combined.Advisory fuel rates update
New fuel rates from 1 September 2021 onwards.Average buyer saves £1k via help-to-buy ISA
Millions may have a forgotten account they can still use.Tax perks entice more UK citizens to Portugal
British expat numbers in Portugal swell post-Brexit.Government borrowing shrinks in July 2021
Borrowing is second highest on record for that month.Repaid VAT triggers spike in tax receipts
HMRC warns against comparing recent annual tax receipts.