MoneyMagpie Editor and financial expert Vicky Parry warns those with a side hustle to be aware of common tax mistakes HMRC is in charge of collecting tax(Image: Getty) More of us are turning to side hustles these days, as the cost of living rises and we need to find more cash to stretch out to
A plan to make changes to the rent tax credit for tenants in new-build apartments could face stiff opposition as the Government moves towards agreeing its first budget. It is understood consideration has been given to whether there should be a change – potentially including a higher tax credit – for those living in such
A plan to make changes to the rent tax credit for tenants in new-build apartments could face stiff opposition as the Government moves towards agreeing its first budget. It is understood consideration has been given to whether there should be a change – potentially including a higher tax credit – for those living in such
Imagine you just made an investment – and it lost value overnight. Most investors feel disappointed when they see red on their performance chart. However, an initial loss in value, seemingly overnight, is expected and even desired when an investment employs the J-Curve technique. Long known to private equity and real estate investors, the J-Curve
By JAMES TAPSFIELD, UK POLITICAL EDITOR Published: 11:54, 24 September 2025 | Updated: 16:36, 24 September 2025 Labour is inching towards scrapping the two-child benefit cap in another spending splurge – despite fears Brits face huge new tax rises at the Budget. Rumours are swirling at Westminster that Keir Starmer could signal a shift on
Do YOU have a story? Email arthur.parashar@dailymail.co.uk By ARTHUR PARASHAR, SENIOR REPORTER Published: 13:13, 24 September 2025 | Updated: 13:16, 24 September 2025 Rick Stein’s Cornish business empire has been wounded by mounting financial losses as it grapples with Chancellor Rachel Reeves‘ tax raid on employers. The celebrity chef’s restaurants, hotels, shops, cookery school and
Anatoly Iofe is founder and CEO of IceBridge Financial Group, a global multifamily office based in Boca Raton, Florida. Most wealthy investors watch markets closely. A sudden drop sparks worry; a rebound brings relief. But there’s another force that doesn’t make headlines and still eats away at wealth year after year. That force is tax
The Direct Recovery of Debts (DRD) is used when a person or business can afford to pay their dues but chooses not to, according to the government department People who owe tax could have the money taken from their bank account(Image: Getty Images) HM Revenue and Customs (HMRC) has declared the restart of a scheme
Tax return season triggers anxiety in over half of workers, according to a new survey. More than 300,000 people who are self-assessed for tax have to submit their 2024 tax return, and pay any remaining tax due, by October 31st – or November 19th if they are filing online. More than half of them said
Drivers should be taxed for every mile they travel to help Rachel Reeves fix a hole in Britain’s public finances, a leading think tank has urged. The Resolution Foundation, which has considerable influence in Labour circles, said vehicle taxes should be overhauled to replace lost fuel duty as more drivers switch from petrol and diesel