Category Archives: News

Our Highlights from 2021 Autumn Budget

A lot of financial pundits including us were expecting last week’s budget to be a heavy hitter when it came to raising taxes. However, in the end this was not the case. The Office of Budget Responsibility’s recent announcements of a rebounding economy has given Rishi Sunak the confidence to delay tax rises.  But there […]

Introduction of the new Health & Social Care Levy and how it works

social care

Last week saw the introduction of the new health and social care Levy.  Whilst this came as a surprise to many it was not all that unexpected.  The UK with its aging population has over many years debated on how to deal with the rising cost of social care. It took the pandemic (and the […]

HM Revenue & Customs powers are extended

Under new rules introduced by the Finance Act 2021, HM Revenue & Customs (HMRC) have acquired some extra powers when it comes to collection of tax and information gathering. Will HMRC contact my bank directly? A new “financial institution notice” was created to speed up the process of getting information to tackle tax evasion.  HMRC […]