Unsuspecting taxes that you often pay without realising, such as VAT (Value Added Tax) and the more recent tax freezes, are commonly referred to as ‘stealth taxation’.
UK ‘stealth taxes’: How does this affect my finances?


Unsuspecting taxes that you often pay without realising, such as VAT (Value Added Tax) and the more recent tax freezes, are commonly referred to as ‘stealth taxation’.

HM Revenue and Customs (HMRC) has launched an initial trial that will end the sending of Corporation Tax reminder letters.

Most of us have heard the frightening statistics that half of new businesses fail within three years of opening.

The Government’s Employment Allowance scheme is an opportunity all businesses can explore but it is important to check if your business fits the eligibility criteria.

HM Revenue and Customs (HMRC) have begun to roll out its ambitious Transformation Roadmap and the first announcement from this, is a brand-new system for workers to take control of their tax affairs.

Anyone even tangentially involved in UK economics will have noticed that the future is not looking bright. Read more

The Public Accounts Committee (PAC) are seeking clarity and understanding after their report revealed HM Revenue and Customs (HMRC) cannot identify how much tax is paid by UK billionaires.

As the Autumn Budget approaches, there is plenty of noise surrounding Rachel Reeves’ plans for current tax rates, whether there will be increases, freeze extensions and the potential introduction of new tax rates.

In addition to rising operating costs and economic uncertainty, many businesses are finding themselves at risk of losing out due to environmental taxes.

With speculation increasing and showing no signs of slowing down surrounding the potential for Rachel Reeves’ Autumn Budget to increase taxes, one Treasury Minister has spoken today, suggesting the ‘headline’ rate of income tax will not increase later this year.