The new tax year begins on Monday 6 April (Easter Monday), bringing a range of tax and pension rule changes and many of them are far from favourable. Dividend tax From April, dividend tax rates will rise by two percentage … Continue reading →

Inflation finished 2025 at 3.4%, higher than the 2.5% recorded in 2023, but interestingly, some prices actually fell during the year. Source: Office for National Statistics Inflation has been on a turbulent path in recent years, shaped by factors such … Continue reading →

A significant number of taxpayers who will be affected by the upcoming changes to tax reporting have yet to fully engage with what’s coming. Communication has never been HMRC’s strongest suit. Although it reliably issues tax return notices early in … Continue reading →

Much of the recent discussion around tax policy has focused on the government’s repeated freezes to tax thresholds. However, there is another long-running freeze quietly taking place, one that carries similar distortionary effects. One area where governments can legitimately claim … Continue reading →

If you’ve recently received a new tax code, don’t just file it away, check it carefully. It may not be correct. A recent Freedom of Information request submitted by a Top 20 accountancy firm revealed unwelcome news for taxpayers. HMRC … Continue reading →