HMRC v Snacks: Legal tax battles over the UK’s favourites March 28, 2025 There is one tax that has turned a biscuit into a legal battle and a marshmallow into a courtroom mystery, while causing confusion at businesses
New tax rules set to hit crypto in 2025 March 28, 2025 As the UK tightens the screws on cryptocurrency taxation, investors and policymakers find themselves at odds over the future of digital finance. From April, around 12 per cent of UK crypto holders could face a hefty 24 per cent capital gains tax (CGT) rate – part of a broader tax squeeze that some argue is [...]
A ‘do nothing’ Spring Statement means Autumn Budget will be a bloodbath March 27, 2025 The Chancellor has shied away from tackling the big challenges our economy faces, meaning pressure for tax rises in the Autumn will only increase, says Robert Salter The autumn budget might be a bloodbath in terms of tax as the government runs out of money and the triple lock could be broken. As promised, the [...]
Tax returns: HMRC fines set to jump as Treasury pushes for ‘easy wins’ March 26, 2025 Higher VAT and self-assessment fines are looming after the Treasury pushed against tax evaders in the Spring Statement
Spring Statement 2025: Reeves clamping down on tax evasion March 26, 2025 The Chancellor plans to raise over £1bn in additional gross tax revenue, as her Spring Statement singled out tax evaders
Spring Statement 2025: Reeves bets big on AI and tech March 26, 2025 Chancellor Rachel Reeves delivered her first Spring Statement on Wednesday, setting out an economic plan that could have major implications for the UK’s tech sector as she pivots towards AI. With billions in government cuts, a fresh push for AI-driven efficiencies, and no new tax hikes, the statement signalled a shift towards automation as a [...]
Rupert Grint: Harry Potter star’s fortune swells ahead of hefty tax bill March 26, 2025 The fortune of Harry Potter star Rupert Grint jumped to more than £30m in the year before being hit by a hefty tax bill, it has been revealed. The actor’s wealth has increased from £27.7m to £30.6m, according to new accounts filed with Companies House for the 12 months to 31 March, 2024. The total [...]
Will a tax raid tomorrow prove too tempting for Reeves? March 25, 2025 Emergency Budgets are a bad idea, but with the economic changing fast Reeves may not have the luxury of waiting until Autumn to raise taxes, says Tim Sarson Last autumn, after a long, long summer of speculation and rumour, our newly installed Chancellor of the exchequer Rachel Reeves delivered what she promised would be the [...]
Eat marshmallows with your hands? HMRC wants you to pay more tax March 24, 2025 A case over the VAT liability of giant marshmallows "has taken a new bizarre twist" following questions on how people eat the chewy sweets
Former SAS: Who Dares Wins star Ant Middleton banned after failing to pay £1m tax bill March 24, 2025 Former SAS: Who Dares Wins chief instructor Ant Middleton has been banned from being a director of a company after his business failed to pay more than £1m in tax. The television personality was the director of Sway and Starting Limited along with his wife, Emilie Middleton. The business, which was described as offering media [...]