Content Tagged with UK
The number of families claiming tax free childcare has gone up by a third to 512,000 in the last year as families look for additional support, but thousands are not claiming.
Four out of five employers stated that they were immediately impacted by the increase in National Insurance contributions (NICs) according to a recent survey.
While the risk is currently assessed as low, for information purposes, the Aga Khan University Hospital has put together a fact sheet with answers to frequently asked questions about the Monkeypox virus.
The Chancellor has announced a £15bn package of support with one-off payments for pensioners and lowest income earners, and doubled the £200 energy bill support.
The volume of retail sales in the UK dropped by 1.4% in March which is the second consecutive monthly decline with the blame placed on rising inflation.
Opting for non-dom status brings tax advantages but what are the implications for mixed domicile marriages where one partner is liable for UK tax?
HMRC has launched a one-stop-shop that has compiled together multiple areas of financial support available to taxpayers that could help them with living costs.
Over half of UK SMEs predict that they will see no growth over the next 12 months due to rising costs and the supply chain disruption.
A public sector fraud taskforce that features an ‘elite team of experts’ has been launched by the Chancellor.
The government is trialling an online tool to give users easier access to information about grants and how to access funding on schemes from workplace charging to R&D innovation.
The UK saw 2,114 company insolvencies in March 2022 which is a 39% increase from February.
Official data reveals that only 153,241 trust registrations have been received since HMRC’s Trustee Registration Service began in June 2017.
Four in 10 taxpayers do not know that pension contributions automatically receive 25% tax relief despite an annual bill of over £42bn to pay for the tax break.
The new tax year started on 6 April with a number of tax changes that will affect personal finances. The 10 key changes are outlined below.
Nearly half a million UK businesses will benefit from a tax cut worth up to £1,000 from 6 April 2022.
The government has set up an arbitration system to help resolve outstanding commercial rent debts as the general moratorium on commercial evictions during the pandemic ends
Since 1994, enterprise investment schemes (EIS) have been an important tool in the investors’ kit, but many potential investors worry that EIS-eligible businesses are too high risk.
EY plans to double the number of UK consultants to 10,000 by 2026 with a plan to hire 5,000 more.
The National Living Wage and National Minimum Wage rise came into effect on 1 April.
New powers granted to the Insolvency Service to tackle director fraud must be used with care to prevent a culture of fear around the insolvency process, argues Rachel Lai, insolvency director at Menzies LLP.
