Tax

In recent months, Airbnb has handed over data regarding user activity to HMRC, who, in turn, has begun contacting Airbnb hosts, requesting they file any undeclared earnings from the home-sharing site. Some reports assert that 19,000 Airbnb hosts have received letters from HMRC, alerting them that the

Today, chancellor Jeremy Hunt outlined his Autumn Statement and key decisions affecting the nation’s finances. Despite the Office for Budget Responsibility (OBR) downgrading UK economic growth forecasts for 2024 (1.8% down to 0.7%) and 2025 (2.5% down to 1.4%), Mr Hunt promised that his 110 measures announced

Today’s Spring Budget speech was a rowdy affair, with similar vein as any we’ve seen since they were first televised in 1990 when John Major delivered his speech to the Commons. Fast forward to 2023, and chancellor Jeremy Hunt delivered his and the PM’s ‘Budget for Growth’.

It was a bright and early start for our new chancellor, Jeremy Hunt, as he promptly kicked off his Autumn Statement speech to the Commons at 11:30am. His hour-long statement covered plenty of ground, and as the old adage goes – the devil is in the detail

Just hours after his appointment, chancellor Jeremy Hunt announced on Friday afternoon that the government’s planned freeze on Corporation Tax was being reversed and that it would increase – as originally legislated – to 25% from April 2023. Then at 11:15am yesterday (17th October), having been in

Notwithstanding any further announcements from Downing Street over the coming weekend, prime minister, Liz Truss, has this afternoon announced the reversal of a key policy to freeze Corporation Tax. During a short press briefing, the PM reversed the government’s plans to freeze Corporation Tax at 19%, meaning

There were more than 800,000 new businesses launched in 2021. Many of these will be the brainwaves of people stepping into the world of business for the very first time, as what was once just a hobby has started to generate income. When this happens, it comes