News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
State pensions set to rise 3.1% in 2022/23
Yearly payments will increase by £290.UK house prices up 10.6% in the year to August
Average house £25,000 more expensive than last year.Price rises dip slightly in September
The CPIH rate of inflation fell 0.1% last month.Most people do nothing to reduce potential IHT bill
40% of consumers concerned about IHT bills.Sunak considers VAT cut on household energy bills
Cut would deliver ‘Brexit dividend’ but ignore other commitments.MTD will cost SMEs £25bn, says FSB
SME organisation calls for MTD reforms.Economy inches towards recovery in August
Economy grows by 0.4% in August after -0.1% slump in July.IFS: Chancellor may lower spending plans in the Autumn Budget
Spending may be cut to achieve the Chancellor's budget surplus.Trusts and using them to mitigate against inheritance tax
Many overlook the role of complex trusts when it comes to inheritance tax planning.Was the stamp duty land tax holiday a success or failure?
Pre-pandemic stamp duty land tax rates are back in place until at least 31 March 2022.