Insider

Mixed views on business growth this year News Round Up February 2025 Mixed views on business growth this year Most UK businesses are optimistic about the start of 2025, with economic confidence surveys showing plans for growth following a difficult period. However, retail and hiring [...]

News Roundup January 2025 New Roundup January 2025 HMRC delays agent services account approvals HMRC has extended the processing time for agent services account (ASA) and VAT agent reference number applications to 40 working days – eight weeks – up from the previous 28 days. [...]

News Round-up December 2024 News Round-up 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 from April 2025, following the latest Budget announcement. This change, outlined in the Budget Red [...]

News Round-up November 2024 News Round-up November 2024 Private school VAT could affect 55% of parents The rising costs of private education, compounded by the introduction of VAT on school fees in January, are expected to impact more than half of children in private schools. [...]

News Round-Up October 2024 News Round-Up 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 vehicles, are used to reimburse employees for business travel or repay the cost of fuel [...]

News Round-up September 2024 News Round-Up September 2024 Bank of England cuts interest rates The vote to lower the interest rate to 5.0% was close, with five members voting in favour and four against. In its first cut for four years, the Bank of England [...]

HMRC inheritance tax recovery soars New Roundup 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 amount of tax collected from unpaid inheritance tax (IHT) investigations is soaring, but HMRC [...]

News Round-up July 2024 News Round-up July 2024 HMRC contacts pending ROR claimants Provisional claimants are urged to make a valid claim by 31 January 2025. HMRC is writing to taxpayers who made a provisional business asset roll-over relief (ROR) claim on asset sales in [...]

News Round Up June News Round Up June House prices fall for the second month in a row House prices fell by 0.4% in April to £261,962, following a 0.2% drop in March. UK house prices declined for the second consecutive month in April, influenced [...]