Insider News March 2025
HMRC cuts late payment interest to 7% Following the Bank of England’s base rate cut to 4.5% on 6 February, HMRC will…
katie_adminMarch 5, 2025
Insider News February 2025
Mixed views on business growth this year Most UK businesses are optimistic about the start of 2025, with economic confidence surveys showing…
katie_adminFebruary 5, 2025
Insider News January 2025
HMRC delays agent services account approvals HMRC has extended the processing time for agent services account (ASA) and VAT agent reference number…
hjp_adminJanuary 21, 2025
Insider News December 2024
Double-cab pickups to be classed as cars under new HMRC policy HMRC has confirmed that double-cab pickups will be taxed as cars…
hjp_adminDecember 5, 2024
Insider News November 2024
Private school VAT could affect 55% of parents The rising costs of private education, compounded by the introduction of VAT on school…
hjp_adminNovember 14, 2024
Autumn Budget 2024
Boxed in by Labour’s manifesto pledges not to increase income tax, employee’s national insurance and VAT, Chancellor Rachel Reeves instead had to…
hjp_adminNovember 1, 2024
Insider News October 2024
New HMRC advisory fuel rates Updated fuel rates impact UK company-car drivers. These rates, which apply to petrol, diesel, LPG, and electric…
hjp_adminOctober 11, 2024
Insider news August 2024
HMRC inheritance tax recovery soars Targeted efforts yield high returns from unpaid IHT as HMRC recovers £285 million from 3,028 investigations. The…
hjp_adminAugust 19, 2024
Insider news april 2024
UK house prices rise as interest rates fall The average house price increased by 1.2% compared to last year, climbing to an…
hjp_adminApril 7, 2024
HMRC clamps down on undeclared dividend earnings
Starting on 4 February 2024, HMRC is writing to company owners regarding the potential under declaration of dividend income. The correspondence is…
hjp_adminMarch 7, 2024