Retail sales increase in January

Retail businesses have seen an increase to sales in January 2019, bouncing back from a decline over Christmas. Data from the Office for National Statistics shows the quantity of goods sold increased by 1% on the previous month, after falling by 0.7% in December 2018....

Probate charges set to increase

Affluent families in England and Wales face paying probate charges of up to £6,000 from April 2019 after ministers confirmed it as a fee rather than a tax. Families currently pay a flat fee of up to £215 to obtain the grant of probate needed in England and Wales to...

Parents slow to embrace tax-free childcare

More than 91,000 families in the UK took advantage of tax-free childcare in December 2018, the latest government statistics have revealed. Tax-free childcare provides help with childcare costs for working parents who earn more than £120 a week and less than £100,000 a...

Customs checks to be relaxed in no-deal Brexit scenario

Businesses that import goods from Europe will not have to make immediate declarations to customs in the event of a no-deal Brexit, the Government has revealed. The new guidance from HMRC claims importers will file a simplified online form up to two hours before a...

Have you used your ISA allowance this year?

With seven weeks to go before the end of the 2018/19 tax year, now is a good time to look at the way your savings are arranged, and make sure they're as efficient as they can be. You can save or invest up to £20,000 in an ISA in 2018/19 and 2019/20 without paying tax...