Jan 29, 2025 | Current Affairs
Smaller banks are urging the Bank of England (BoE) to reconsider its proposed rules for managing failing lenders, contending that these measures surpass international norms. The BoE’s consultation paper suggests that banks should maintain higher levels of...
Jan 27, 2025 | Current Affairs
HMRC will contact all taxpayers affected by the loan charge by mid-March 2025. These letters will inform recipients if their disguised remuneration (DR) schemes are likely to be covered by the ongoing McCann review. This will be the only communication from HMRC...
Jan 24, 2025 | Current Affairs
With the 31 January deadline just days away, 3.4 million self assessment taxpayers have yet to file their 2023/24 tax return, risking a £100 penalty. Although 8.6m taxpayers have submitted their returns, 28% remain at risk of late filing penalties. The penalties...
Jan 22, 2025 | Current Affairs
According to the latest Office for National Statistics (ONS) data, UK wages have grown at their fastest rate in over three years, with pay packets boosted by strong wage increases in the private sector. Real wages, which account for the impact of inflation, rose by...
Jan 21, 2025 | Current Affairs
UK wages experienced their sharpest rise in three years, with the private sector taking the lead. According to the Office for National Statistics (ONS), between September and November 2024, average pay increased by 3.4% compared to the previous year, accounting for...
