Business news
Every working day, we’ll publish one story on the hottest tax, business or personal finance developments. From mortgages to inheritance tax, from Making Tax Digital to IR35, if there’s something occurring that will effect our clients, we want to make sure they know about it without having to wade through government papers or press releases. If you want to know more about the implications of any of these stories on your financial situation, get in touch – we’re always happy to talk.
UK economy to contract by 11.3% in 2020
The OBR predicts the economy will grow by 5.5% in 2021.Are big changes afoot for capital gains tax?
The OTS recommends options for COVID-19 tax grab.HMRC reveals MTD for corporation tax plans
Latest tax to go digital set to roll out from 2026 at earliest.ATT calls for seasonal party guidance
Clarification needed on tax exemption for annual functions.AIA limit to remain at £1m until 2022
Temporary threshold in place until 1 January 2022.New help-to-buy equity loan scheme set to launch
First-time buyers can get up to 20% off the cost of a new home.UK borrowing hits £22.3bn in October
Borrowing hit its highest levels in October since records began in 1993.HMRC warns self-assessment customers about scammers
500,000 referrals from the public offered fraudulent tax rebates.MTD for corporation tax to be implemented from 2026
HMRC revealed potential designs of its MTD for the corporation tax system.More support needed for small firms with 50 days until EU transition
Small businesses face a “hugely difficult” winter.
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