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Economy inches towards recovery in August

14 Oct 21 The economy is back on its path to recovery as GDP is estimated to have grown by 0.4% in August 2021 –

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National living wage set for 5.7% rise in 2022/23

7 Oct 21 The national living wage for over-23s could be in line for a significant rise from April 2022, according to reports. The Low-Pay

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HMRC postpones MTD for ITSA to 2024

27 Sep 21The Government has delayed the introduction of Making Tax Digital for income tax self-assessment (MTD for ITSA) to 6 April 2024 to give

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Thousands overpay IHT on life insurance policies

21 Sep 21 Over 6,000 estates paid inheritance tax (IHT) on life insurance policies in 2018/19, according to HMRC figures, despite the fact many would

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Average UK house price growth slows to 8%

17 Sep 21 The UK’s average house price increased by 8% over the year to July 2021, down from 13.1% in the year to June

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Inflation rises in August to 3.2%

15 Sep 21 The consumer prices index (CPI) for inflation grew to 3.2% in the 12 months to August 2021, largely thanks to food-related Government

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Sunak announces date for Autumn Budget

10 Sep 21 Chancellor Rishi Sunak has announced the date for an Autumn Budget and Spending Review which will set out “future spending plans” amid

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NICs rates to increase by 1.25%

8 Sep 21 A new health and social care tax is being introduced to boost funding for the NHS and social care, Prime Minister Boris

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37% plan to use state pension for care costs

1 Sep 21 More than one in three over-60s would use their full new state pension entitlement to contribute towards care costs, according to a

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Advisory fuel rates update

26 Aug 21 HMRC has published the latest advisory fuel rates (AFR) for company car users, which see mileage rates increase by at least 1p

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