The big freeze – effects of the personal allowance steady state
The personal allowance has been frozen at its current amount of £12,570 since the tax year 2021/22. We take a look at what this policy means for those with lower incomes.
The personal allowance has been frozen at its current amount of £12,570 since the tax year 2021/22. We take a look at what this policy means for those with lower incomes.
The Low Incomes Tax Reform Group (LITRG) has welcomed the publication of HMRC’s long-awaited Transformation Roadmap, setting out a bold program of digitally-focussed enhancements to its current way of administering the tax system.
The Low Incomes Tax Reform Group (LITRG) is urging self-employed taxpayers and landlords to file their 2024/25 tax return early to find out if Making Tax Digital will apply to them from next April.
HMRC’s customer online forums closed on the 30 June 2025, with HMRC suggesting people use other alternatives such as the digital assistant and webchat instead. Given issues with some of these alternatives, even more taxpayers are likely to turn to other forums or even AI like ChatGPT or Google’s ...
Recently, we have noticed a growing interest in so-called ‘grocery schemes’—programs pitched to employees, often lower-paid, as a way to save money on supermarket shopping through National Insurance savings. While these schemes may appear straightforward at first glance, a closer look reveals some ...
As more small employers take an interest in the financial wellbeing of their employees, we are aware that ‘solutions’ such as salary advance schemes are being heavily marketed. While they can sometimes provide helpful support to employees, employers need to be aware of the details before deciding ...