Self-employed workers and landlords earning over £50,000 a year will face fines of up to £900 if they miss new quarterly tax deadlines under HMRC’s Making Tax Digital reforms. The changes, due from April 2026, will replace the traditional annual self-assessment return with a digital reporting system requiring updates every three months. According to research by Accountex, four in five ...
Britons with pensions, property and investment portfolios are being urged to act now, amid growing expectations that Chancellor Rachel Reeves will target wealth and asset-based taxes to plug a projected £50 billion gap in the public finances. The shortfall follows a government U-turn on welfare, combined with higher borrowing costs and sluggish economic growth. The National Institute of Economic and ...
Former army helicopter pilot Peter Dilnot has taken the top spot in the FTSE 100’s executive pay league, earning £45 million last year and overtaking AstraZeneca’s Pascal Soriot in Business Matters’ annual Fat Cat Files survey. Dilnot, 55, who runs aerospace engineer Melrose, shared in one of the largest boardroom payouts in UK corporate history after he and three other ...
Chancellor Rachel Reeves is facing claims she “massively underestimated” the extent to which parents of private school pupils would prepay fees to avoid her VAT levy. Figures suggest the top 50 independent schools received £515 million in advance fees before the 20% VAT charge came into force on 1 January 2025 – eclipsing Treasury expectations and allowing parents to lock ...
President Donald Trump said Saturday he was nominating U.S. State Department spokeswoman Tammy Bruce to become the next deputy representative to the United Nations. ‘I am pleased to announce that I am nominating Tammy Bruce, a Great Patriot, Television Personality, and Bestselling Author, as our next Deputy Representative of the United States to the United Nations, with the rank of ...
FBI Director Kash Patel took to social media on Saturday to celebrate the bureau’s successes in the first 200 days of the Trump administration. ‘200 Days of Trump Admin, From Jan 20 to Present: FBI has arrested over 1,600 people for violent crimes against children, to include 270 arrests for human trafficking,’ Patel wrote on his official X account. Patel ...
The Ivy is facing a legal battle with a former waiter who claims the upmarket restaurant chain unfairly allocated him a share of tips and service charges – and refused to explain how his portion was calculated – despite a new law requiring fair and transparent distribution. The part-time waiter, who resigned in June and asked not to be named, ...
To meet user demand for an intelligent, mobile mining experience, RICH Miner has officially launched a new cloud mining mobile app, fully supporting stable daily mining of XRP and Bitcoin (BTC). With just a mobile phone, you can start an efficient and secure cloud mining journey anytime, anywhere, truly realizing the promise of “earning money while you’re at it.” No ...
Why did the Sydney Sweeney ad for American Eagle become such a national sensation that has lasted multiple weeks? What made this story unique is that it wasn’t the outrage that prolonged the story but the reaction to that outrage. It represented a win for normalcy after many years of abnormal hysteria. Sydney Sweeney has great jeans, proclaims the American ...
As Japan marks the 80th anniversary of the atomic bombings, the mayor of Nagasaki is warning that the world could see the same kind of devastating attack again. Approximately 2,600 people, including representatives from 90 countries, attended the memorial event on Saturday at Nagasaki Peace Park, according to the Associated Press. At 11:02 a.m., the exact time the bomb exploded ...