Almost a million young people have yet to access savings contained in Child Trust Funds (CTFs), according to a report by Parliament’s Public Accounts Committee (PAC).
Almost a million Child Trust Funds still unclaimed Read More »
HMRC has increased interest rates with late payment bills charged 7.5% from 11 July, the highest rate since 2001.
HMRC increases late payment interest rate to 7.5% Read More »
2023/24 is a transitional year for basis period reform and the changes could have a serious impact on your tax bill for January 2025.
Watch out for Transitional Year Taxes! Read More »
Over 200 employers have been named by the government for failing to pay their lowest paid employees the minimum wage.
Companies named and shamed for minimum wage breaches Read More »
The Bank of England has raised UK interest rates to a 15-year high of 5% as it continues its battle against inflation.
Bank of England raises UK base interest rate to 5% Read More »
The UK’s rate of inflation plateaued at 8.7% in May, data published by the Office for National Statistics (ONS) has shown.
UK inflation stays at 8.7% Read More »