HM Revenue and Customs (HMRC) has recently provided necessary clarification on tax rules regarding savings and investments in the UK. This clarification addresses explicitly how much interest you can earn before being required to complete a self-assessment tax return. HMRC’s…
In recent years, online selling has become a popular way for people in the UK to declutter their homes, earn extra income, or even establish full-fledged businesses. However, with evolving regulations, many online sellers are unsure of their tax obligations.…
Running a small business or considering self-employment comes with many responsibilities, especially when it comes to understanding tax obligations. In light of Small Business Saturday, HM Revenue & Customs (HMRC) has launched new online tools and updated guidance to simplify…
In a groundbreaking development for the UK’s energy sector, Shell UK and Equinor UK Ltd have announced a joint venture that will combine their offshore oil and gas assets to form the UK North Sea’s largest independent oil and gas…
Are you a parent or guardian wondering about the much-discussed double Child Benefit payment in the UK? With rising living costs, this financial boost is a welcome relief for many families. But what exactly is the double Child Benefit payment,…
As the UK steers toward a sustainable and technologically advanced future, changes in driving laws and regulations are playing a critical role in shaping this transition. December 2024 marks the introduction of several important updates that impact company car drivers,…
Nissan, a cornerstone of Japan’s automotive industry, has encountered a storm of financial and operational challenges in recent years. With reports of declining sales, leadership turbulence, and the potential unravelling of critical partnerships, the company’s future has been thrust into…
Typhoo Tea, one of Britain’s most iconic tea brands with a 120-year legacy, has officially entered administration. The company, once synonymous with the nation’s tea culture, has faced mounting challenges, including falling sales, growing debts, and operational disruptions. This development…
The Register of Overseas Entities represents a transformative step in the UK’s efforts to enhance transparency in property ownership. Introduced as part of the Economic Crime Act 2022, this register ensures that overseas entities owning UK property declare their beneficial…
Just Eat Takeaway.com, a household name in the food delivery industry, has announced its decision to delist from the London Stock Exchange (LSE). This move marks a significant moment for the company and raises questions about the broader challenges facing…