Javid hints at review into IR35 extension

The planned extension of off-payroll rules to the private sector will be included in a review into how the Conservatives could better support the self-employed. The admission by former chancellor Sajid Javid potentially increases the prospect of the tax measure being...

Conservatives promise to freeze main tax rates

The rates of income tax, national insurance and VAT will all be frozen in 2020/21, if Boris Johnson's Conservative Party forms the next government. Ahead of the general election on Thursday 12 December 2019, the Tories were the last of the major parties to reveal...

Labour reveals plan for income tax increase

Around 1.6 million higher earners face the prospect of paying more income tax in 2020/21 if Labour forms the next government. Its manifesto announced the party's intention to raise income tax for those with salaries above £80,000 a year. The 45% rate of income tax...

Landlords take cover ahead of election

Residential landlords fear the buy-to-let sector could become a political hot potato in the run-up to the general election on 12 December 2019. The buy-to-let sector experienced a post-recession boom, but its growth has been impeded by a raft of tax measures...

UK avoids slipping into 2019 recession

The UK economy has narrowly avoided slipping into recession in 2019, according to the latest quarterly GDP figures. The Office for National Statistics (ONS) claimed the economy grew by 0.3% in Q3 2019, following a 0.2% contraction at the end of Q2 2019. Two...