August 8, 2026
Tax

How CFOs Can Navigate Stricter Transfer Pricing Tax Enforcement

CFOs are all in on AI. According to new research from Salesforce, only 4% of CFOs surveyed say they have a conservative approach to the technology—a precipitous drop from the 70% who were careful about it in 2020, and the 34% who were slowly approaching it in 2023. According to Salesforce, nearly four out of

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Tax

Major HMRC income tax change due to come into force from next April

The self-employed and landlords should start preparing now as it will soon be mandatory for them to use the HMRC’s Making Tax Digital for Income Tax The launch on April 6, 2026 will mark a significant and time-saving change for certain people in how to report income to HMRC.(Image: Getty Images/iStockphoto) With less than a

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Tax

New HMRC income tax change set to start next April

The launch on April 6, 2026 will mark a significant and time-saving change for certain people in how to report income to HMRC. Income tax rises for Scots in April – how the changes affect you There is less than a year to go until sole traders and landlords with an income over £50,000 will

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Tax

Thousands of people withdrawing cash urged to claim refund worth average £3,800

You may be due cash back from the taxman if you were hit with emergency tax after dipping into your pension for the first time – we explain how to fix this problem 08:50, 12 Aug 2025Updated 09:02, 12 Aug 2025 Check if you’re owed money back from HMRC from overpaid pension tax(Image: Rosemary Calvert

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Tax

A Look At Nvidia And AMD’s $3 Billion Export “Tax” Deal With Trump

Nvidia AMD SOPA Images/LightRocket via Getty Images Two of the largest companies in the world, Nvidia and AMD, have agreed to pay the U.S. 15% of their revenues from sales of chips and semiconductors to China. This agreement can be viewed as a win-win for technology conglomerates and the U.S. government, as it enables Nvidia

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Tax

Drop-in session for help completing tax return in Guernsey

BBC The drop-in session will take place at Edward T. Wheadon House People in Guernsey who have issues completing tax returns online have been invited to a drop-in session. People have until 30 November to complete 2024 tax returns. A spokesperson for the States of Guernsey said if people needed help to complete their return

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Tax

Huge tax crackdown on saving accounts approved by Rachel Reeves – what it means for you

RACHEL Reeves has approved a huge tax crackdown that will hit savers. The chancellor’s new rules mean banks could be forced to share more of their customers’ financial details, as part of plans to make it easier for the Government to collect taxes. 1 Rachel Reeves has been told she needs to find £50billion worth

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Tax

Making Tax Digital: A new tax system is coming – here’s what the self-employed and freelancers need to know

Millions of sole traders and landlords have just months to prepare for massive changes to the tax system that take effect next year. From 6 April 2026, Making Tax Digital for Income Tax Self Assessment (MTD ITSA) will apply to sole traders and landlords whose combined gross income from self-employment and/or property exceeds £50,000 a

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Tax

The six areas facing council tax rises and budget cuts

One in 10 councils could see their funding drop by 14 per cent or more under Angela Rayner’s reforms Households in wealthier parts of England could face sharp council tax hikes and service cuts under proposed reforms designed to direct more funding to deprived areas, a leading think tank has warned. Analysis by the Institute

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Tax

Farmer says daughter ‘disillusioned’ by inheritance tax proposals

Maisie Lillywhite & Jon Smith BBC News, Gloucestershire BBC Liz Godsell of Godsell’s Cheese said farmers’ passion needs to be rewarded with profit A farmer who has been making cheese for 25 years says her daughter and future successor is “disillusioned” by tax inheritance proposals. From April 2026, inherited agricultural assets worth more than £1m,

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