Chancellor Jeremy Hunt used his Autumn Statement speech to deliver a fiscal pick-me-up to the Conservative backbenchers at the start of an election year with cuts to national insurance. This afternoon’s Autumn Statement was somewhat of a step change compared [...]
PARIS, May 30 (Reuters) - Nearly 130 countries recommitted on Thursday to save the first pillar of a global tax deal on highly profitable multinationals by the end of June, the co-chairs of a three-day meeting in Paris said after the talks failed to produce an agreement [...]
On 29 April 2019, HMRC raised an assessment for £345,561 of VAT in relation to the club’s August 2015 VAT return period. The taxpayer argued at the first tier tribunal (FTT )that the assessment was out of time because [...]
The next UK government must develop a credible plan for sustainable economic growth and draw investment within its first 100 days, according to a leading business group. The Confederation of British Industry (CBI) has called for an immediate focus on the economy following the General Election in July, after a turbulent few years for UK businesses. [...]
The next UK government must develop a credible plan for sustainable economic growth and draw investment within its first 100 days, according to a leading business group. The Confederation of British Industry (CBI) has called for an immediate focus on the economy following the General Election in July, after a turbulent few years for UK businesses. [...]
Half of small business owners have had to raid their savings to fund their companies, according to research from Shawbrook Bank. The survey of small businesses that applied for finance from lenders over the past year found almost half said it did not meet their needs. As a result, they used their own savings [...]
The political circus has come to town, but with a month still to go in the interminable general election, it’s becoming increasingly clear to Richard Hattersley that we’re not hearing enough from accountants. Ever since a soggy Rishi Sunak announced the date of the general election in the puddles of Downing Street, all [...]
With HMRC updating its guidance on the tax consequences of dual representation in football transfers, the tax authority may now look back into previous high-profile transfers where the amounts involved are likely to be substantial. [...]
I am sure many readers are quite fond of summers. Winter may bring that sense of cosiness and early nights but, sorry, you can’t beat summer. And for the past few summers I have been lucky enough to be involved with food and drink festivals around the country. [...]
The Consultative Committee of Accountancy Bodies (CCAB) issued a new edition of Statement of Recommended Practice – Accounting by Limited Liability Partnerships (LLPs SORP) last month. This revised edition is effective for periods commencing on or after 1 July 2024, with early adoption permissible.[...]
Chancellor Jeremy Hunt used his Budget speech to abolish furnished holiday lettings relief and the non-dom tax status, allowing him to fund another 2% cut in national insurance and increase the VAT threshold. [...]
