While the 2025 Spending Review focused on long-term investment rather than introducing new taxes, the scale of spending suggests that future tax rises are likely. Where have the Government recently invested funds? The Chancellor pledged multi-year funding for health, defence … Continue reading →

The UK Government has confirmed that it will reduce green levies for energy-intensive industries. These cuts aim to drive growth in key sectors, such as manufacturing and clean energy. What are green levies? A green levy is an environmental charge … Continue reading →

57 per cent of small to medium-sized enterprises (SMEs) have warned of rising costs over the next quarter, according to Intuit QuickBooks’ latest Small Business Insights survey. Given this startling figure, all businesses should take care to manage cash flow … Continue reading →

The way families make Child Benefit repayments to HM Revenue & Customs (HMRC) is changing. From the summer, many families will have the option to report their Child Benefit payments and pay the High Income Child Benefit Charge (HICBC) directly … Continue reading →

HM Revenue and Customs (HMRC) is working to enhance compliance and improve efficiency with tax filings by implementing Making Tax Digital (MTD) for Income Tax. However, taxpayers still need to get ready for MTD before it becomes mandatory in April … Continue reading →