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Tax

  • 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 [...]

  • Private sector slump to drag on to Spring 2026, businesses say

    December 22, 2025

    UK business leaders have warned that the sharp downturn in the private sector is likely to continue until Spring 2026, after firms put plans for future investment on ice in the run-up to the Labour government’s Autumn Budget. The Confederation of British Industry (CBI) anticipates private sector output to fall in the fourth quarter after [...]

  • UK investors spooked by tax hikes on dividends and savings

    December 16, 2025

    Rachel Reeves’ Budget decisions have raised alarm bells among DIY investors after they were hit with tax hikes and cuts to incentives, despite the Chancellor’s aim to push more funds into public markets. Over 70 per cent of investors said they were concerned about the increased basic and higher rates of taxes on dividends, property [...]

  • Big banks SME lending comeback slowed down by Budget jitters

    December 11, 2025

    High street banks’ return to small business lending slowed in the third quarter of 2025 after the chaos on the road to the Autumn Budget dampened activity in the economy. Big banks dished out nearly £4.2bn in total loans to small and medium-sized enterprises (SMEs) in the three months to 30 September – a level [...]

  • Rachel Reeves’ Budget was ‘monumentally mishandled,’ says London-listed bank

    December 11, 2025

    A London-listed bank has given its scathing assessment of Rachel Reeves’ second Autumn Budget and warned of the impact it will have on consumer confidence. S&U – which was founded in 1938 and once known as Sports and Utilities – said the performance of its motor finance and property financing arms was “remarkably resilient given [...]

  • Rachel Reeves: Leak to the FT was inaccurate

    December 10, 2025

    Chancellor Rachel Reeves slammed briefings provided to media outlets in the lead-up to the Budget as she referred to a specific Financial Times news report which had “partial and inaccurate” information.  In a Treasury Select Committee hearing on Wednesday morning, the Chancellor hit out at leaks in the months leading up to the Budget, adding [...]

  • UK property tax burden is fourth heaviest in OECD

    December 9, 2025

    The UK’s property tax burden is the fourth heaviest in the OECD’s list of 38 countries and it is more than double the average across the list of advanced economies.  In a report on government revenue levels across most of the world’s largest economies, the OECD said the UK’s taxes on property as a percentage [...]

  • High earning families at risk of losing thousands due to Budget measures

    December 8, 2025

    The measures introduced in this year’s Autumn Budget could leave a typical high earning family thousands out of pocket, new research has found. According to analysis from wealthtech advisory platform Y TREE, high earners could lose out on nearly £280,000 over the next twenty years as a result of Reeves’ Budget policy changes, jumping to [...]

  • Visa shifts European HQ to Canary Wharf

    December 5, 2025

    Payments juggernaut Visa is set to switch its European headquarters to Canary Wharf – hot on the heels of banking behemoth JP Morgan. The move from its current spot in Paddington comes amid a major resurgence in the London financial hub after a number of big firms snapped up offices in the district. Visa will [...]

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