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Tax

  • Finance chiefs fearful of war and geopolitical risks

    January 6, 2026

    Finance chiefs have begun the year fretting over the spectre of war and rising global tensions as President Trump’s shock operation to capture Venezuelan dictator Nicolas Maduro put investor nerves on edge.  A quarterly survey by Big Four accounting firm Deloitte showed that “geopolitical risks”, which can include everything from higher tariffs to conflict and [...]

  • UK economy showing signs of ‘zombie apocalypse,’ says think tank

    January 5, 2026

    The UK economy faces a “zombie apocalypse” in the coming year, as years of tough trading conditions force thousands of unproductive firms to the wall, an influential left-leaning think tank has predicted. The Resolution Foundation forecasts a “triple whammy” of multi-year increases in interest rates, energy prices and the minimum wage will lead to the [...]

  • Housing market ended 2025 on ‘softer note’ after ‘resilient’ year

    January 2, 2026

    The UK housing market rounded off 2025 on a softer note after remaining “resilient” through a volatile year, according to Nationwide’s latest house price index. Annual house price growth slowed to 0.6 per cent in December from 1.8 per cent in November, with a 0.4 per cent fall in prices. This took the average UK [...]

  • Labour ‘quietly hammering’ workers as pensioners benefit, think tank warns

    January 2, 2026

    The Labour government is “quietly hammering” workers following the Autumn Budget’s stealth tax raid while pensioners and those on benefits are set to enjoy a jump in income, a think tank has said. In the November Budget, Rachel Reeves extended the freeze on income tax thresholds until 2031 – a move which is viewed as [...]

  • Britain lost one pub a day in 2025

    December 31, 2025

    One pub a day closed its doors in 2025 as businesses were forced to battle mounting cost pressures and an increasingly heavy tax burden. Fresh analysis from global tax firm Ryan showed 366 pubs were demolished or converted for other uses in the last 12 months. Since 2020, nearly 2,000 pubs have closed for good, [...]

  • Tax crackdown in 2026: Why experts predict a wave of enforcement actions

    December 30, 2025

    Under the Labour government, HMRC has shifted from a reactive to a highly proactive stance, and tax experts expect increased tax enforcement in the new year. The government has committed to invest an additional £555m annually in HMRC to boost tax compliance and transform its technology. The investment aims to raise an extra £5.1bn in [...]

  • Lawyers warn farmers: Labour’s U-turn on IHT threshold “not an all-clear”

    December 24, 2025

    Lawyers warned that, despite Labour’s U-turn on the inheritance tax relief threshold for farms, many agricultural families may still be impacted, and significant tax burdens may remain for some estates. In a whiplash U-turn, the Labour government revealed on Tuesday that, after a year of backlash from rural communities, it would increase the Agricultural and [...]

  • Labour U-turns on inheritance tax raid after year of farmer protests

    December 23, 2025

    The Labour government will raise the inheritance tax relief threshold for farms in another dramatic U-turn following a year of backlash from rural communities. On Tuesday, the Treasury and Department for Food and Rural Affairs said it would increase the Agricultural and Business Property Reliefs threshold to £2.5m from £1m when it is introduced in [...]

  • Decluttering after Christmas? Tax expert clarifies rules for selling unwanted gifts on eBay and Vinted

    December 23, 2025

    Not everyone is thrilled with their Christmas haul, after all, there are only so many novelty socks, scented candles, and mystery kitchen gadgets one household can handle before space starts to run out. Usually, as a result, apps like Vinted see a surge in activity around Christmas, with sellers hoping to offload unwanted gifts.   [...]

  • Business confidence ticked up after Budget, Lloyds Bank says

    December 23, 2025

    Business confidence inched up at the end of 2025, according to a new survey, as firms were brought some relief and clarity after the Autumn Budget. Lloyds Banking Group’s latest Business Barometer found business confidence etched up 10 points by the end of 2025 when compared with the beginning of the year. Half of this [...]

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