TAX Firms rethink their plans as taxes rise The Times The British Chambers of Commerce (BCC) has revealed that 82% of businesses are reconsidering their plans due to the impending rise in employers' National Insurance contributions. Chancellor Rachel Reeves has...

TAX IHT set to hit a record high Daily Mail Inheritance tax (IHT) receipts are projected to reach a record high by the end of the tax year, with figures showing a rise to £7bn between April 2024 and January 2025. This marked an increase of £700m from the previous...

OUTLOOK London share listings hit record low The Mail on Sunday The number of companies applying to have their shares listed on the London stock market has hit a record low, with analysis from EY showing that 88 firms delisted or transferred their primary listing from...

TAX HMRC late payment interest hits £400m Daily Express HMRC has claimed £409m in late payment interest from taxpayers, with this triple the £131.9m it pulled in from interest charges in 2021. Chris Etherington of RSM said: "Late payment interest has become an...

TAX Finance chiefs urge Reeves to ease investment taxes Financial Times Reuters The Daily Telegraph Executives from major finance firms, including JPMorgan and Goldman Sachs, met with Chancellor Rachel Reeves on Wednesday to discuss ways of enhancing tax incentives...

TAX HMRC drops crackdown on partnerships' tax treatment Financial Times City AM HMRC has reversed its controversial changes to the tax treatment of members of limited liability partnerships (LLPs), which had raised concerns about potential retrospective tax...

TAX Labour losing argument over IHT raid The Daily Telegraph City AM The Labour Government's proposed reforms to inheritance tax have ignited significant backlash from farmers and business owners, with William Lees-Jones, managing director of JW Lees, stating that the...

OUTLOOK Business confidence hits rock bottom Daily Mail The I The Independent Business confidence has plummeted to its lowest level since the pandemic, with the Federation of Small Businesses (FSB) reporting a drop to -64.5 in its confidence metric for the last...

OUTLOOK Wealthy lose faith in UK economy London Evening Standard Confidence among high net worth individuals (HNWIs) in the UK economy has plummeted to a record low, with only 48% expressing faith, down from 84% six months ago, according to the latest Saltus Wealth...

TAX Law firm boss warns over tax changes Daily Mail Dr Stephen Bence, chief executive of law firm Vardags, has voiced concern over Chancellor Rachel Reeves’ changes to tax policy, warning that they could hinder economic growth. He argues that changes to non-dom rules...