A record 4.5 million people are expected to pay income tax on their savings interest this year, according to revised HMRC estimates, around 1.7 million more than previously forecast.
Energy bills soar again as households face £220 hit
UK households are set to face a sharp rise in energy costs after Ofgem increased the energy price cap by 13% amid soaring wholesale oil and gas prices linked to
UK households face £209 rise in annual energy bills
UK household energy bills are forecast to rise sharply from July, with consultancy Cornwall Insight predicting the annual energy price cap will increase by £209 to around £1,850 for a
Luxury vehicle tax lands on 426,000 drivers
More than 420,000 drivers were pushed into paying the UK’s luxury vehicle tax last year as frozen thresholds dragged an increasing number of ordinary cars into the surcharge, new DVLA
Ofgem Weighs Plan to Write Off £500m in Energy Debt for Struggling Households
The UK energy regulator Ofgem is considering a proposal to cancel up to £500 million in unpaid energy debt owed to suppliers, as part of efforts to tackle a growing
UK Energy price cap to rise to £1,755 from October
Ofgem has confirmed that the energy price cap will increase by 2% in the final quarter of 2025.
How a Tax Resident Certificate Impacts Your Personal and Business Taxes
Navigating the complexities of international taxation can be challenging for individuals and businesses alike. When moving to a new country or managing income across borders, understanding your tax obligations is
Three Gas Firms Fined £8m for Failing to Meet Emergency Leak Response Targets
Gas Firms Fined £8m for Delays in Emergency Leak Responses
Household energy bills are set to drop by £129 as the energy price cap is lowered.
Regulators have confirmed that energy bills are set to fall by £129 from July, offering some respite to British households after a string of three consecutive rises.
Business Electricity Standing Charges to Skyrocket by 2030, Analysts Warn
Forecast Shows Businesses Will Pay £208 Per Day in Standing Charges by 2030.
UK energy bills are expected to rise again next April.
Energy bills are anticipated to rise again next April, driven by increasing wholesale costs and higher charges resulting from Ofgem’s price cap reforms.
Price cap increase delivers another setback to pensioners
Good morning. Ofgem, the energy regulator, has raised the average annual energy cost for British households to £1,738.