Reeves’s CGT Plan Could Cost Treasury £2 Billion

Nigel Holland “A proposed capital gains tax (CGT) hike by Rachel Reeves may cost the Treasury £2 billion, according to analysis. Economists warn that targeting investors, as anticipated in the upcoming Budget, could harm economic growth. Higher CGT rates could...

UK Business Output Surges as Rate Cuts Spark Optimism

“UK business output has surged to its highest level in two years, according to a BDO survey, driven by significant gains in manufacturing and services. The output index climbed to 100.77 in July, a robust sign of growth, buoyed by the expectation of further...

Potential Increase in Employers’ National Insurance Contributions

Nigel Holland Concerns Grow Over Potential Increase in Employers’ National Insurance Contributions “Amid a £5bn surge in government borrowing driven by public sector pay raises, Chancellor Rachel Reeves has hinted at tough financial decisions ahead. The...

Senior Lawyers and Accountants at Risk

Nigel Holland “Senior lawyers, accountants, architects, and their employers may soon face closer scrutiny from HM Revenue and Customs (HMRC) as the agency steps up its fight against tax avoidance. HMRC has recently changed how it interprets tax laws, raising...

Chancellor to Reveal £19bn Deficit in Public Finances

Nigel Holland “Rachel Reeves is preparing to announce a £19 billion shortfall in public finances, citing pressures on the NHS, prisons, and schools. This figure, identified by a Treasury audit, includes costs for inflation-busting public sector pay deals. Reeves...