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Autumn budget 2024: Key announcements
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Promising not to increase taxes for ‘working people’, Chancellor Rachel Reeves today unveiled increases to capital gains tax and employer’s national insurance but unfroze the personal tax thresholds from 2028 in a Budget aimed at repairing the public finances. Below are details of some of the key announcements from today’s budget: Taxation and Business: £40bn…

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Identifying Fake HMRC Letters: How to Verify Their Authenticity
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Scammers are increasingly skilled at deceiving individuals, often using letters, texts, or emails that seem to come from HMRC and frequently promise tax refunds in exchange for personal and financial information. Recently, many taxpayers received a convincing scam letter allegedly from HMRC’s Individuals and Small Business Compliance scheme. This letter requested sensitive information, including business…

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