HMRC mansion tax inspectors to target homes for property valuations August 23, 2026 HMRC will send mansion tax inspectors to homes across the UK to determine whether homeowners should pay more tax under the new levy. The taxman will deploy valuation agents who will be able to demand entry to properties in order to assess whether they are worth over £2m and therefore fall under The High Value [...]
AIM-Listed Pulsar Group hit with High Court petition by HMRC August 18, 2026 Pulsar Group, a UK-based technology company listed on AIM, and its media matchmaking subsidiary, ResponseSource, face a winding-up petition from HMRC. The group, formerly known as Access Intelligence, provides SaaS solutions for the global marketing, public relations and journalism sectors. A petition filed with the London High Court on Friday named it. Additionally, ResponseSource, the [...]
The UK’s cost stack is choking business growth August 18, 2026 Much of the UK has faced a summer of sweltering temperatures as the country hasbounced from one unrelenting heatwave to another. Businesses know all too well that unrelenting feeling. A decade of constant cost pressures from domestic policy decisions has been hugely damaging. It’s a cost stack is chocking business growth. Before a pound of [...]
JP Morgan boss issues bank tax warning to John Healey August 17, 2026 The boss of JP Morgan has issued a bank tax warning to John Healey as the Chancellor gears up to deliver his first Budget in October. Jamie Dimon, who has led Wall Street’s biggest bank since 2006, held a call with Healey on Thursday where the bank chief emphasised “getting public policy right” as crucial [...]
Brompton Bicycle sues former adviser for ‘professional negligence’ August 13, 2026 Folding bike firm Brompton Bicycle is set to sue its former accounting and tax advisor AAB Group for professional negligence, City AM can reveal. London-based Brompton has launched legal action in the High Court against the Scottish-headquartered business advisory firm, according to court records. The defendants are listed as AAB Business & Tax Advisory LLP, [...]
Grandparents fund university degrees to avoid inheritance tax net August 13, 2026 Wealthy grandparents are choosing to fund their grandchildren’s university education over leaving a large inheritance as they look to avoid the shake up to the tax system. The bank of grandma and grandad has played a greater role within UK families in recent years, as parents continue to be squeezed by rising costs. In particular, [...]
War and tax: How the UK economy could get knocked off course August 13, 2026 Labour ministers may have some reason to be cheerful about the UK economy’s performance. Torsten Bell, the pensions minister who has long desired top jobs in the Treasury, lambasted “gloomsters” shortly after official data revealed growth in the second quarter of the year was 0.4 per cent. Even Rachel Reeves, who has remained largely silent [...]
Vibes matter with tax, so here’s how Healey can deliver a feel-good Budget August 13, 2026 We may think it is easy to try to predict how a major tax announcement may impact sentiment based on whether it’s a give or a take. but the evidence shows, there’s no clear correlation between tax cuts and positive reaction, or tax rises and negativity, says Tim Sarson I’ve just come back from a [...]
‘Cost of business crisis’ as government drives up overheads by 70 per cent in a decade August 11, 2026 British companies are facing a “cost of business crisis” as a string of controversial government policies have pushed up an average firm’s expenses by 70 per cent in a decade, one of the country’s largest industry bodies has found. A typical-mid-sized firm is now paying roughly £827,000 more a year than they were in 2016 [...]
Why HMRC is huge Premier League transfer window tax headache August 8, 2026 Is HMRC the biggest barrier stopping a healthier Premier League football transfer system, Alistair Culverwell asks. Another World Cup ended after high drama on the pitch and off the pitch,it was the scene of high stakes deal-making as clubs negotiated with agents to secure the most sought after talent – particularly players who shone. And [...]