Personal tax

HMRC announces changes to VAT on early contract terminations

Most early cancellation fees are liable for VAT.

House sales hit record of £37bn in August

Increased demand outweighs usual summer slump.

ONS reports ‘alarming’ slump in self-employed numbers

Freelancers call for improved self-employed support.

Sunak calls for capital gains tax review

Chancellor wants to ensure the system is fit for purpose.

UK tax gap drops to record low

More than 95% of tax owed in 2018/19 was collected.

Tax and NICs warning for SEISS recipients

“HMRC needs to publicise grants are taxable”.

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