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The level at which students begin to pay back their loans will be lowered from £27,295 to £25,000 for new borrowers.

From September 2023, the interest rate on student loans will also be set…

New company car advisory fuel rates have been published and took effect from 1 June 2022.

The guidance states: 'you can use the previous rates for up to one month from the date the new…

UK inflation rose to 9.1% in May from 9% in April as the cost-of-living crisis continues, according to data from the Office of National Statistics (ONS).

It was a slight increase on the 9%…

The International Monetary Fund (IMF) has warned that the UK faces the slowest rate of growth in the G7 next year.

The IMF predicts that UK economic growth will fall to 0.5% in 2023, which…

The International Monetary Fund (IMF) warned the UK government against 'large and untargeted fiscal packages' following the Mini Budget.

The IMF stated that tax measures announced by Chancellor…

HMRC has published the latest issue of the Employer Bulletin. The October issue has information on various topics, including:

• the reduction in the rate of National Insurance contributions
…

The Institute for Fiscal Studies (IFS) has warned that household incomes will see their biggest drop in generations following the Autumn Statement.

The think tank warned that growth in living…

The government has launched a consultation on simplifying the UK's research and development (R&D) tax relief system, driving innovation and growing the economy.

The consultation runs to 13…

New company car advisory fuel rates have been published and took effect from 1 March 2023.

The guidance states: 'you can use the previous rates for up to one month from the date the new…