Author: TNT News Bureau

Freelancers and sole traders, take note: a major tax deadline is just around the corner.July 31 marks the second ‘payment on account’ deadline for the year, and it applies to self-employed workers with tax bills over £1,000. This isn’t a date to miss since HMRC is now charging a steep 8.25% interest on late payments. And beyond the financial repercussions, missing this deadline may flag your business for closer scrutiny from HMRC.What is a tax Payment on Account — and does it apply to you?Payments on account are advance payments you make twice a year towards your Self Assessment tax bill.…

Planning consents for home improvement and extensions have fallen to their lowest level in a decade, according to new analysis by Savills. The number of planning consents for householder developments in England totalled 151,177 in the 12 months to March 2025, finds Savills. This is 27% below the preceding 10-year average, and -8% down on the year. This comes despite housing transactions increasing by +24% over the same period (Q1 2025 vs Q1 2024). Historically, there tends to be one approval for every five residential housing transactions, but this fell to one approval for every 6.8 transactions in 2024. Graph…

Key takeaways from July’s House Price Index: The average asking price of a home has dropped by 1.2% this month, to £373,709 This is the largest July price drop in over 20 years London has seen the biggest regional price falls (-1.5%), driven by Inner London in particular (-2.1%) Despite the price drop, buyer activity remains strong, with sales agreed 5% higher than at this time last year Following record-breaking house prices seen in the Spring, average asking prices have fallen by 1.2% in July (-£4,531). While there’s usually a seasonal dip in prices at this time of year, this…

Location : The A14 eastbound between junctions J55 Copdock and J56 Ipswich Docks. Reason : Congestion. Status : Currently Active. Return To Normal : Normal traffic conditions are expected between 10:00 and 10:15 on 21 July 2025. Delay : There are currently delays of 20 minutes against expected traffic. Source link

HM Land Registry has released its Annual Report and Accounts for 2024–25, showcasing major strides in enhancing service delivery and advancing digital transformation. The report outlines how the organisation has significantly improved its services to better meet customer needs, all while safeguarding the security and accuracy of property ownership records that support around £9 trillion in property assets across England and Wales. Simon Hayes, chief executive and chief land registrar, said: “We know how important it is that everyone can rely on HM Land Registry to ensure their property ownership records are secure and accurate. This is fundamental in helping…

The Environment Secretary, Steve Reed, criticised the pay package for Lawrence Gosden, branding it “outrageous”. According to Southern Water’s annual report, Mr Gosden, who has been at the helm since 2022, was awarded £691,000 this year as part of a long-term incentive plan. This is in addition to his fixed pay of £687,000, bringing his total earnings to more than £1 million. Environment Secretary told the BBC’s Sunday With Laura Kuenssberg: “Trust between the customers and the water companies is at the lowest point probably ever, and by paying their senior executives rises of that kind, what message are they…

The Property Franchise Group (TPFG) has granted share options to executives, including CEO Gareth Samples, CFO Ben Dodds and fellow director Michelle Brook, who is executive director of Belvoir. The awards, linked to performance metrics such as total shareholder return and adjusted earnings per share over a three-year period, form part of the company’s Share Option Plan. The awards recognize the executives’ roles in executing the company’s strategic plans and are expected to align their interests with those of shareholders, potentially impacting the company’s operational focus and market positioning. TPFG’s last trading update – for the year ended 31 December…

Manager Gareth Ainsworth has seen his squad options increase this week but has confirmed Sam Vokes won’t make their season opener.While big summer signing Vokes will miss the start of the League 2 season, winger Aaron Rowe could miss the opening weekend too.Aaron Rowe is in a race against time to be fit for Gillingham’s season opener Picture: @Julian_KPIWinger Rowe has missed the whole of pre-season so far, but Ainsworth knew Vokes would take some time to get up to speed, after a nasty arm break at the end of last season.The good news for the Gills is that Sam Gale…

Image Credit: AFP via Getty Images Summertime is the season for box office hits, beach days and, of course, Shark Week! Now that it’s time for the week-long television programming block on the Discovery Channel, we’re diving into the annual special with all the details on how to watch it, what shows are playing, who’s hosting and more here. What Is Shark Week? Shark Week is an annual summer programming block on the Discovery Channel dedicated to educating viewers on the oceanic predators. Who’s Hosting Shark Week 2025? Though the Discovery Channel didn’t designate one celebrity to host the entire…

Is Foxtons going up for sale? That is a question we asked 15 months ago after reports that Foxtons had asked adviser Rothschild to find a buyer following pressure from activist investors. The London-based estate agent had been told in April last year to put itself up for sale by Canadian group Converium Capital and UK investor Milkwood, both of which own around 5% of the group. According to press reports, Milkwood boss Rhys Sommerton believed a sale was the only way to  “extract fair value”  for the business. Converium Capital also called for a sale in 2022, noting at…