Tax

Tax

Andy Burnham Considers 50% Income Tax for Earners Over £125,140

Andy Burnham, the Labour Party frontrunner for Prime Minister, has reignited discussions about increasing the top income tax rate to 50% for those earning above £125,140. This proposal revives a controversial debate about …

By Abbie Brown · · 2 min read

Hmrc

HMRC Phases in Changes to 94 Payment Rates Starting April 2027

HM Revenue and Customs (HMRC) has announced a delay and phased implementation for the mandatory real-time reporting of income tax and Class 1A National Insurance contributions (NICs) on specified benefits in kind (BiKs) and …

By Rebecca Duffy · · 2 min read