‘Concerned but not surprised’: Three-quarters of UK landlords and sole traders miss digital tax launch April 18, 2026 Only a quarter of sole traders and landlord who need to sign up for the UK’s new digital tax system have done so, despite the scheme already having come into effect this month. From 6 April, anyone who earned more than £50,000 in the 2024/25 tax year from property or self-employment income was required to [...]
From Jaffa Cakes to National Insurance: How to fix Britain’s mad tax system – according to the experts April 14, 2026 In its latest report, the OECD scolded the UK for its illogical and growth-impeding tax system. Ali Lyon speaks to five tax experts to work out how to fix it. Potato crisps and their corn chip cousins are – as indulgent savoury snacks go – undeniably similar. They taste alike and are a similar size. [...]
FTSE 100 Live: Stocks uneven as Trump’s Strait of Hormuz blockade begins April 14, 2026 Good morning and welcome back to the City AM liveblog. Markets were rocked yesterday by the US’ blockade of the Strait of Hormuz, adding a new layer of tensions to the weeks-long conflict in the Middle East. Vice-President JD Vance has accused the Iranian government of engaging in an “act of economic terrorism” through its [...]
Farage fronts £2m bitcoin purchase despite price tumble April 13, 2026 Reform UK’s Nigel Farage has fronted a £2m purchase of bitcoin by the Kwasi Kwarteng-led crypto company Stack BTC despite the cryptocurrency’s price tumbling over recent months. Farage was filmed in a promotional video for the crypto reserves firm buying around £2m of Bitcoin, with the business stating that the political leader was the first [...]
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 [...]
OECD tells Reeves to reform ‘inefficient’ UK tax system April 10, 2026 Top economists have urged Chancellor Rachel Reeves to launch a sweeping review of the UK tax system in order to improve growth prospects and boost investment. Researchers at the OECD – Organisation for Economic Co-operation and Development for long –said the UK economy suffered from distortions in its tax system as well as loopholes exploited [...]
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 [...]
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 [...]
Crypto, international competitiveness and consistency: where the UK’s going wrong April 3, 2026 The UK’s ambition to be a global crypto hub is being undermined by the government’s decision to the exclude Crypto Exchange Traded Notes (cETNs) from Stocks and Shares ISAs, which risks the country’s international competitiveness and credibility as a predictable place to invest, says John Glen The UK’s ambition to be a global crypto hub [...]
Reform fundraiser Nick Candy offloads £270m mansion in ‘biggest sale ever’ April 2, 2026 Reform UK’s chief fundraiser Nick Candy has sold his property in Chelsea at a value of around £270m, it has been reported, in what has been dubbed the biggest house sale in history. Candy, the real estate mogul behind One Hyde Park in Knightsbridge, has sold the family home to an unnamed buyer, according to [...]