Thousands of taxpayers to miss out on rebate as HMRC still sending cheques April 13, 2026 Thousands of Brits are missing out on collecting their tax rebates after failing to cash in cheques sent to them by HMRC. According to an FOI from the i paper, the department issued 1,746,720 cheques last year, but 178,180 were never cashed. The cheques had a combined value of £144m, meaning taxpayers who failed to [...]
Taxpayers brace for a financial hit after personal allowance rule change April 9, 2026 British taxpayers are bracing for a fresh financial hit as changes to the personal allowance creeps closer. While the personal allowance itself is not changing, remaining frozen at £12,570 until 2031, a subtle change will take effect from the next tax year, as the government places a new lock onto how it is applied, affecting [...]
‘Beautiful thing’: Trump moots US-Iran tax for ships in Strait of Hormuz April 8, 2026 President Trump has floated the prospect of a “joint venture” with the Iranian leadership on administering a tax on ships passing through the Strait of Hormuz in a new peace deal for the region. Trump said both the US and Iran could jointly tax ships passing through the stretch of water, which is critical for [...]
The Debate: Should we scrap the ‘table tax’? April 8, 2026 Pavement licenses mean restaurants have to pay to put tables and chairs outside. Is that fair or is it a tax on enterprise?
The 2026 tax year has started. Here’s what you need to know April 6, 2026 The tax year countdown has officially ended and a new year has begun on 6 April, bringing with it an ISA allowance reset and silent tax hikes. While many investors and savers will be breathing a sigh of relief, thinking they have completed their financial admin for at least a few months, being proactive at [...]
Alex Gerko’s XTX paid more than £500m in corporation tax in 2025 April 6, 2026 A London algorithmic trading firm run by billionaire Alex Gerko faced a corporation tax bill of more than £500m last year, the firm’s latest accounts show, making the company one of the largest individual contributors to the exchequer. Kings Cross-based XTX Markets was due to pay around £580m in corporation tax for 2025, according to [...]
Tax instability drives ultra-wealthy to pack their bags April 2, 2026 Tax instability has driven huge swathes of the UK’s ultra-wealthy to consider leaving the country over the past twelve months. Two-thirds of the UK’s wealthiest have mulled fleeing the country for tax reasons, according to the latest research from accountancy firm BDO. But while conversations surrounding tax have focused on the rate Britain’s wealthiest pay, [...]
Jim Ratcliffe backs Tory pledge to slash net zero tax April 2, 2026 Sir Jim Ratcliffe has joined a number of manufacturing bosses in support of a Tory pledge to axe carbon taxes levied through a trading scheme critical to the government’s net zero efforts. In a joint release between the Conservatives plus the Ineos chief and other industry bosses, the Kemi Badenoch’s party said it would save [...]
Stealth taxes are rising – here’s how to protect your money before 5 April April 2, 2026 Niche taxes like inheritance tax and capital gains tax are fast becoming major cash cows for the treasury. Here’s what to do before the end of the tax year Britain’s stealth tax is accelerating, with more people being pulled into the net without realising it. The government is collecting more from capital gains tax (CGT) [...]
Awful April: brace for a wave of stealth tax rises March 31, 2026 April is upon us and the new tax year will usher in a range of tax hikes, despite the absence of any headline rate rises, with frozen thresholds, shrinking allowances and tighter reliefs set to hit families, workers and savers. The harsh impact will also be felt as Brits are hit with a wave of [...]