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.
Lords committee launches probe into basis period reform
Call for evidence into basis period reform launched.Thousands overpay IHT on life insurance policies
£280m may have been paid unnecessarily in 2018/19.Widening tax gap casts doubt over MTD
HMRC misses out on £35bn in uncollected taxes.Average UK house price growth slows to 8%
Growth slows as SDLT holiday tapers off.Online service to transfer funds to SMEs launched
Online service to simplify apprenticeship levy funds allocation process.Shareholders and directors hit by dividend tax rate rise
The three dividend tax rates will increase for the first time since the 2010/11 tax year.Employers and employees to pay 1.25% more NICs
Rise in National Insurance to fund development of the health and social care tax.Inflation rises in August to 3.2%
End to pandemic-related subsidisation pushes up food prices.Economic recovery stalls in July
GDP grows by 0.1% in July 2021.Registration service opens to non-taxable trusts
Taxable trusts receive extended registration period.
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