Teaching unions urge government to delay private school VAT roll out October 7, 2024 Teaching unions have urged the government to delay the roll out of private schools having to pay 20 per cent VAT on fees, amid fears of job losses and a “significant burden” on HMRC. Reports emerged on Sunday that ministers were reevaluating the policy – after the Treasury initially declined to confirm it would take [...]
IFS joins calls for ‘serious reform’ of capital gains tax October 6, 2024 Rachel Reeves is reportedly considering a range of tax hikes in the budget, including to CGT, as she seeks to put the public finances on surer footing.
CPS offers pleas to Entain suspects ahead of charging decisions October 4, 2024 The Crown Prosecution Service (CPS) offers pleas discussions with suspects from Entain as it gears up to make charging decisions by end of the year
Labour capital gains hike would probably cost Treasury money, experts warn October 3, 2024 As the budget approaches, speculation is mounting that Chancellor Rachel Reeves is planning to reform CGT to help fill an alleged £22bn blackhole in the public finances.
Clearbank eyes flurry of new products amid ‘huge demand’ for fintech September 30, 2024 ClearBank is eyeing up a string of new business lines after hitting profitability and taking its first steps towards international expansion.
Rising buyer confidence boosts UK residential property market September 27, 2024 HMRC data shows that residential property transactions increased due to buyer confience and more mortgage options
Pay tax on your gifts, top accountancy firm warns politicians amid Labour row September 26, 2024 Politicians should pay tax on gifts in the same way that other industries and individuals do, a leading accountant has said. Currently, firms and workers in sectors where gifting is commonplace and an element of their profession – such as the media industry or online influencers – are made pay to income tax and, in [...]
Fuel allowance furore has made life terribly tricky for the Treasury September 26, 2024 Decision making in the Treasury is an unenviable task, and the winter fuel payments row just made it harder, writes James Nation.
The ultra rich exodus has made an exit tax tempting. Would it work? September 25, 2024 Millionaires are leaving the UK in record numbers, prompting the Resolution Foundation, an influential left-wing think tank, to propose an exit tax.
Bank of London: Questions persist over unicorn’s finances and governance September 24, 2024 In the span of just two weeks, fintech "unicorn" The Bank of London has gone from relative obscurity to being thrust into the public spotlight for all the wrong reasons.