by Shilling Group | Aug 14, 2025 | Shilling Summary
TAX IHT raid: UK a ‘very dangerous place’ for a wealthy person Daily Mail The Independent The Times Proposals from the Treasury to limit tax-free gifts from parents to children have raised concerns among tax experts, who warn that such changes could make...
by Shilling Group | Aug 13, 2025 | Shilling Summary
TAX Labour looks to hike IHT and CGT to help plug £40bn hole The Daily Telegraph The Guardian The Independent UK The Times The Guardian reports that ministers are considering introducing a lifetime cap on the amount an individual can give away as part of their...
by Shilling Group | Aug 12, 2025 | Shilling Summary
TAX Frozen thresholds squeeze savers The Daily Telegraph Daily Mail Higher-rate taxpayers now face tax bills with only £10,000 in savings, according to analysis by AJ Bell, with this a significant drop from the £77,000 seen four years ago. A basic rate taxpayer would...
by Shilling Group | Aug 11, 2025 | Shilling Summary
TAX Top rate taxpayer total set to hit 1.7m by 2030 The Sunday Times The number of taxpayers liable for the additional rate of income tax is projected to rise from 236,000 in 2010 to 1.7m by 2030, according to analysis by Quilter. HMRC data shows that 1.2m taxpayers...
by Shilling Group | Aug 8, 2025 | Shilling Summary
FINANCING Loans scheme defies business confidence slump The Times The Start Up Loans Scheme reported a 7.3% increase in loan value in July, reaching £12.8m, despite low business confidence. The British Business Bank, which administers the scheme, highlighted the...
