Pensions income needed to retire rises
The amount needed for a single person to have a moderate retirement has risen to £31,300, according to the Pensions and Lifetime Savings Association (PLSA).
Pensions income needed to retire rises Read More »
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HMRC publishes guidance on MTD for ITSA for sole traders and landlords
HMRC has published new guidance on the Making Tax Digital for Income Tax Self Assessment (MTD for ITSA).
HMRC publishes guidance on MTD for ITSA for sole traders and landlords Read More »
Government in major U-turn on pick-up truck tax changes
Just a week after announcing it, HMRC has scrapped its plan to axe the benefit-in-kind ‘loophole’ for pick-ups.
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Artificial Intelligence will affect jobs and worsen inequality, says IMF
Artificial intelligence (AI) will affect almost 40% of all jobs around the world and deepen inequality, the International Monetary Fund (IMF) has warned.
Artificial Intelligence will affect jobs and worsen inequality, says IMF Read More »
Raise VAT threshold to £100,000, says FSB
The government should raise the turnover threshold for VAT from £85,000 to £100,000, according to the Federation of Small Businesses (FSB).
Raise VAT threshold to £100,000, says FSB Read More »
HMRC sends warning to cryptoasset users
As the use of cryptoassets continues to grow HMRC is warning people to check if they need to complete a self assessment tax return for the 2022/23 tax year to avoid potential penalties.
HMRC sends warning to cryptoasset users Read More »