Posts by websupport

Wealth Taxes we should all be concerned about? To set the scene, it was the anarchist Proudhon who said all property is theft, whereas the communist Marx disagreed, and felt personal property was fine, it was only business property he had an issue with. If that is accepted it puts the current approach to the…

Autumn Budget 2025 The key message in this budget was “Fairness: One reason employees pay more tax is because Britain has not historically done enough to make sure assets – and income from assets – contribute fairly.” “Over 560,000 families are expected to see an increase in their benefit payments by an average of £5,310…

Making Tax Digital for Income Tax Making Tax Digital for Income Tax (MTD for IT) forms part of the government’s plan to digitalise the UK tax system. MTD for IT will come into effect in April 2026, and it will change the way landlords and self-employed people submit their income tax returns. Landlords and self-employed people with income, before any…