HMRC interest rates for late payments will be revised following the Bank of England interest rate cut to 4.25%.

by PureAccount | May 8, 2025 | Money

The Bank of England Monetary Policy Committee announced on 8 May 2025 to reduce the Bank of England base rate to 4.25% from 4.50%.

A record 299,419 returns filed in the first week of the new tax year

by PureAccount | May 6, 2025 | Money

Nearly 300,000 customers file their Self Assessment tax return for the 2024 to 2025 tax year at earliest opportunity.

Save up to £2,000 a year on childcare for your new school starter

by PureAccount | May 1, 2025 | Money

Parents reminded how they can save thousands on the cost of childcare with Tax-Free Childcare.

Innovative ‘collective’ pension funds to deliver higher incomes and lower risks for future pensioners

by PureAccount | Apr 29, 2025 | Money

Pensioners of the future will benefit from innovative ‘collective’ pension schemes to boost their income in retirement and productive investment across the economy, under plans announced today [29 April]

Valuation Office Agency scrapped in government drive to slash inefficiencies

by PureAccount | Apr 27, 2025 | Money

Reforms to cut red tape, make savings, and improve businesses’ experience of the tax system have been set out today (28 April 2025) by Tax Minister James Murray, helping to deliver the Plan for Change by creating the conditi…