Following a Bank Rate cut to 4.25%, HMRC late payment and repayment interest rates will drop from 19 and
HMRC interest rates following Bank of England rate cut
Category: General
Landmark economic deal with United States
On 8 May 2025, the UK government announced a landmark trade agreement with the United States, aimed at
Electronic invoicing consultation
The government wants your say on e-invoicing. Quicker payments, fewer errors, and better VAT reporting
More in line for savings boost
From April 2025, more low-income workers on Universal Credit can join Help to Save. Save up to £50/month
Have you set up your Personal Tax Account yet?
Skip the phone queues. Your Personal Tax Account lets you manage everything from tax codes to refunds
Repeal of furnished holiday lets regime
From April 2025, holiday lets lose their special tax treatment. Landlords must prepare for new Income,
Frozen tax allowances and fiscal drag
Tax thresholds frozen till 2028? That’s fiscal drag in action – more tax paid without rate rises. It’s a
HMRC interest rate increases
HMRC has announced that interest rates for late payments will increase by 1.5% for all taxes starting 6
HMRC time to pay arrangements
If you’re facing financial difficulties and owe tax, HMRC’s Time to Pay service may offer breathing
Applying for student loans
Student Loans help cover the cost of university or college in the UK. Whether you’re full-time,