Tax on property income, dividends and savings up 2%
17 December 2025 | Mrge_Acontants
Tax rates on dividends, property income and savings will be raised by 2% from April 6, 2027. This means those paying tax on rental income, will face a basic rate of 22%, rather than...
Budget 2025: What it means for you
10 December 2025 | Mrge_Acontants
Chancellor Rachel Reeves delivered her second Budget on November 26, and taxpayers face the highest tax burden on record as a result. Frozen tax thresholds for everything from income tax to inheritance tax, a...
HMRC publishes new rates for employees’ electric cars
26 November 2025 | Mrge_Acontants
Employees with electric vehicles as company cars have seen a change in the rates they can claim for mileage allowance since September 1, but HMRC has updated the guidance on October 6 about how...
Beware of trading when your company is insolvent
19 November 2025 | Mrge_Acontants
Continuing to trade while your company is technically insolvent could lead to big problems for the directors, as it could lead to limited liability no longer applying, and leave them on the hook personally...
Voluntary repayment window for Covid grants opens
12 November 2025 | Mrge_Acontants
Individuals and businesses that received Covid payments they weren’t entitled to have until December to pay back any money owed under a voluntary repayment scheme. This period offers the grace of a ‘no questions...
HMRC powers to raid bank accounts for unpaid tax revived
05 November 2025 | Mrge_Acontants
HMRC has once again been given powers to take money owing to it directly from people’s bank accounts when people persistently fail to pay the tax due. Most taxpayers, those who pay on time...
Three ‘finfluencers’ in court for first appearances
29 October 2025 | Mrge_Acontants
Three financial influencers – known as ‘finfluencers’ – have appeared in court having been charged as part of a global crackdown on illegal promotions led by the Financial Conduct Authority (FCA), one of the...
Proposed contactless changes could help customers
22 October 2025 | Mrge_Acontants
The Financial Conduct Authority (FCA) is consulting on proposals to give card providers the flexibility to decide what contactless limit would be most suitable for their customers, which could bring greater convenience to people...
Are we seeing the end of the ‘Bank of Mum and Dad’?
15 October 2025 | Mrge_Acontants
Children hoping they will get financial help from their parents as they get older may find they’re disappointed, as more than one in 10 retirees are cutting back on gifting, according to research from...
Clock is ticking for parents saving for university fees
08 October 2025 | Mrge_Acontants
The university year has just started for the latest undergraduates, but parents putting money aside for later cohorts have the pressure of time against them as they save to pay for future university fees....
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