Articles
Under one year until Making Tax Digital for Income Tax launches
Are you a sole trader or landlord with an income of over £50,000? From 6th April 2026, you should be eligible for Making Tax Digital (MTD) for Income Tax.1
Local elections: What happened and what did we learn?
The results are in, and Nigel Farage’s new political party Reform has done well. They are now in charge of ten UK councils, with a majority in Durham, Derbyshire, Kent, Nottinghamshire, Staffordshire, Lancashire, and Lincolnshire.
How much are the national minimum wage and national living wage going up?
Three and a half million people in the UK saw their wages rise on 1st April 2025. The national living wage for over 21s rose from £11.44 to £12.21 (6.7% increase), while the national minimum wage for 18- to 20-year-olds rose by 16%.
Office for Budget Responsibility
You may have heard of the Office for Budget Responsibility (OBR) and their bi-annual forecast, but do you know who they are, what they do, why they were set up, and how their predictions influence the economy - and your personal finances?
Bank of England halved its sales forecast
The Bank of England’s growth predictions have shrunk from 1.5% to 0.75% for 2025, as they cut interest rates to their lowest levels in almost two years.
