Labor Chancellor Rachel Reeves has approved new legislation to change the way in which personal savings are taxed in the UK. New requirements mean that employees pay a savings tax directly from their wage packages without submitting a self -evaluation form. From April 2027, banks HM Revenue & Customs (HMRC) must tell when savers have […]
On Wednesday 11 June, Chancellor Rachel Reeves will publish the government’s long -awaited expenditure review. This will explain the government’s spending plans for the coming years and cover both expenses and investments. Reeves has already announced an increase in the financing of £ 190 billion during the assessment period of the spending and an investment […]