Content Tagged with UK

The Insolvency Service has been given more powers to tackle rogue directors who dissolve their companies and avoid paying liabilities to staff, creditors and the taxpayer.

HMRC is reminding self-assessment customers to declare any Covid-19 grant payments on their 2020/21 tax return, including SEISS claims which are taxable.

Companies House has advised businesses that there is a delay to penalty reviews at the moment due to workload.

The Bank of England has raised the bank base rate for the first time in three years to 0.25%, despite concerns over omicron variant.

Investing in cryptoassets is a risky business if investors do not write in protection to their will as tax bills could quickly mount.

Changes to the licensing rules for taxi drivers will add a requirement to check their tax compliance before issuing new licenses in a bid to tackle tax evasion from 2022.

Salaries are rising at the fastest rate in 24 years, but wage inflation could lead to millions being less well-off as tax burden grows, warns Blick Rothenberg.

The Bank of England Credit Conditions Survey shows that the majority of banks, 44% reported an increase in loan defaults by small companies in Q3 of this year.

As inheritance tax take increases by a third, it is time to think about more efficient wealth and tax planning, and practical solutions to protect your wealth, explain Simon Dawson, chief commercial officer, Legacy Release, and Imogen Lea, tax and trust consultant, Wilsons Solicitors LLP.

HMRC has updated its guidance for companies using temporary labour to reduce the risk of using an umbrella company that uses tax avoidance schemes.

The sheer scale of fraud committed during the pandemic was exacerbated by the limited level of checks when claims were made for covid grants. Kate Gee, counsel at specialist disputes firm Signature Litigation, examines the scale of the issue.

Almost a third of coronavirus business interruption loan scheme (CBILS) and bounce back loan scheme (BBLS) loans, amounting to £22bn, will go into default, claims ACP Altenburg Advisory.

According to the Bank of England, a third of UK SMEs are in more than twice as much debt as before the Covid-19 pandemic.

Inheritance tax remains an area of concern for 40% of people, who say they are concerned about paying the death tax, while the majority (70%) are doing nothing to reduce a potential bill.

As increasing numbers of Covid-19 cases means more workers taking time off work, the government has reintroduced the statutory sick pay rebate scheme (SSPRS).

The Chancellor has announced a £1bn support package including grants for the hospitality sector and a sick pay rebate scheme as Omicron variant spreads.

In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates from the deadline for PAYE electronic payments to filing corporation tax returns for accounting periods ended 31 December 2020.

Mubaraki to the Jamat on receipt of a letter from the Prime Minister of the United Kingdom, Boris Johnson, dated 13 December 2021.

Maulana Hazir Imam hat gütigerweise über The Ismaili eine Talika Mubaraka an die Weltgemeinde der Jamaat gesandt.