Charitable donations through wills hit £2.1bn in 2024
More estates donated to reduce inheritance tax burden.
Businesses expected to grow in the new year
Surveys reveal optimism, but retail and hiring concerns linger.
High street shopping sees rise in spending
High street retailers see a boost over online shopping.
Record tax rise due to CGT surge
CGT, inheritance tax, and SDLT hit record highs.
BoE holds interest rates amid rising inflation
UK interest rates unchanged at 4.75%.
UK businesses cut staff at record pace
Rising costs and weak demand hit employment levels.
R&D relief payments decline for SMEs
Stricter rules and fraud clampdowns hit small claims.
HMRC launches tool for side hustle tax checks
Find out if your extra income requires tax reporting.
UK businesses using tax havens halves
Fewer companies avoid UK tax through offshore schemes.
HMRC issues guidance on foreign tax relief claims
Taxpayers urged to check double tax agreements.
GDP falls but accountancy sector thrives
Recession risks grow, but accountants defy decline.
R&D tax relief falls for SMEs
Fraud clampdown and reduced claims impact SME relief uptake.