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07 Apr 2025

Minimum wage rose on 1 April

Increases to the National Living Wage and National Minimum Wage took effect from 1 April.

07 Apr 2025

No further tax increases in Spring Statement

Chancellor Rachel Reeves announced 'no further tax increases' in the 2025 Spring Statement.

07 Apr 2025

Finance Act 2025 receives Royal Assent

The first Finance Act of the Labour government has gained Royal Assent and passed into law.

07 Apr 2025

Side hustle trading threshold raised to £3,000 per year

The reporting threshold for trading income for self assessment is being lifted from £1,000 to £3,000 gross within this parliament, according to the Treasury.

07 Apr 2025

Financial benefit of MTD could be as high as £915 million

The financial benefits of MTD for VAT could be as high as £915 million, according to analysis carried out by HMRC.

07 Apr 2025

Chancellor unveils plan to cut red tape

Chancellor Rachel Reeves has unveiled plans to cut red tape as the government aims to kickstart economic growth.

07 Apr 2025

Employment reforms continue to stifle business hiring intentions

The government's employment reforms are causing employers to put their hiring plans on hold, according to the Institute of Directors (IoD).

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