The cost for both employer and employees for tips can be circumvented if a tronc arrangement is used to distribute tips.

The student loan repayment threshold for England and Wales has been frozen at £25,000 until 2027, a detriment to new students this September. 

The latest scam highlighted by HMRC is rather ‘old school’, involving letters posted to companies instead of the usual digital communication

With the dividend allowance now cut to just £500, the number of taxpayers paying tax on dividend income for 2024/25 is expected to increase.