Omicron Variant – Support Package Announced
The Chancellor Rishi Sunak has announced details of the support package of £1bn including grants for the hard hit sectors and refunds of SSP following the latest outbreak of the…
The Chancellor Rishi Sunak has announced details of the support package of £1bn including grants for the hard hit sectors and refunds of SSP following the latest outbreak of the…
HMRC has warned taxpayers completing their 2020/21 tax returns to ‘be on their guard’ and stay vigilant in regard to tax-related scams. Nearly 800,000 tax scams were reported in the…
The UK government marked the inaugural Tax Administration and Maintenance (TAM) Day with the publication of 30 papers covering a wide range of tax issues. Chancellor Rishi Sunak made the…
HMRC saw a drop of almost £30 billion in tax revenues in the latest financial year because of the pandemic, according to its annual accounts. In its 2020/21 annual report, HMRC…
Business groups gave a mixed response to Chancellor Rishi Sunak’s 2021 Autumn Budget speech. Responding to the speech, the Confederation of British Industry (CBI) said that the Chancellor had shown…
On 27 October, Chancellor Rishi Sunak delivered a Budget to ensure the UK economy bounces back following the coronavirus (Covid-19) pandemic. The Chancellor announced that total departmental spending will grow…
The Institute for Fiscal Studies (IFS) has predicted that millions of people will be worse off in 2022 as a result of spiralling costs and tax rises. Responding to the…
The Federation of Small Businesses (FSB) has warned that tax rises could threaten the UK’s ongoing recovery from the Covid-19 pandemic. According to the FSB, small businesses are coming up…
The government has doubled the period for filing and payment of capital gains tax (CGT) on residential property from 30 days to 60 days. The measure was announced by Chancellor…
The not-quite post-pandemic Budget The central theme of Chancellor Rishi Sunak’s Autumn Budget was greater investment in UK PLC as part of the government’s long term economic plans and priorities….
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