How to close the tax gap April 16, 2024 Politicians love to talk about the tax gap as a pain-free revenue-raiser, but there is a genuine difference between tax owed and what’s collected, mostly because the system is far too complicated, says Tim Sarson Last week the Shadow Chancellor Rachel Reeves summoned up an old favourite of British fiscal administration: the tax gap. Labour [...]
Revolut and Monzo say scrap stamp duty as top fintechs launch bid to boost stock market April 15, 2024 Revolut and Monzo are among a group of top fintech firms to urge the government to ditch its contentious tax on share trading today as part of a sweeping call for reform to revive London's stock market and boost its appeal to technology firms.
R&Q Insurance expects large ‘adverse development’ on loss reserves April 12, 2024 It announced in October that it had entered into a conditional agreement to sell Accredited, its programme management business, to private equity investment manager Onex Corporation.
Flush FTSE 100 giant Astrazeneca to give more back to shareholders with dividend hike April 11, 2024 AstraZeneca will increase its annual dividend for the year by $0.20 (16p) to $3.10 (£2.47) per share
A new ESG Platform Wealth Managers Need April 8, 2024 Industrial Thought Ltd., a group of companies specialised in investment taxation, financial data, and related consultancy services – has announced an investment in Integrum ESG alongside a partnership agreement to serve the wealth management industry with ESG data. Integrum ESG’s unique SaaS platform offers a ‘glass-box’ approach to ESG analysis and risk assessment, giving wealth [...]
Venture Capital Trust fundraising at third highest ever amid 18 per cent drop April 8, 2024 Venture Capital Trusts raised £882m this tax year, data from the AIC revealed, an 18 per cent drop from last year.
Echo Falls, Kumala and Lambrini owner Accolade Wines raises prices and considers selling brands as losses widen April 8, 2024 The UK arm of Accolade Wines, the company behind the likes of Hardys, Echo Falls, Kumala and Lambrini, is to continue raising its prices as it bids to return to profit.
Venture Capital Trusts prepare for funding surge as tax year closes April 3, 2024 As the tax year draws to a close, Venture Capital Trusts are readying for the late surge of investment into their pockets.
Carried interest: Labour sticks by plans to up private equity bonus tax April 3, 2024 Rachel Reeves has vowed to stick by Labour’s plans to increase tax on private equity bonuses, by upping the rate on carried interest transactions.
VAT threshold raised to £90,000 in boost for small businesses – but pubs still feeling the pinch April 1, 2024 Hard-pressed small business owners were thrown a lifeline on Monday after the government rolled out an increase to the VAT threshold.