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Study finds that public funding of the arts strengthens the UK economy

The public money spent on the arts in Britain is responsible for creating substantial growth among commercial creative industries, which also helps to strengthen the wider UK economy, according to a recent report backed by business leaders.Continue reading

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Wales publishes a proposal to create its own tax collection authority

A formal proposal, which outlines Wales’s plans to operate its own tax collection system – for the first time in 800 years – has been published.Continue reading

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Budget boost for HMRC in new push on tax evasion

HMRC will be able to dip into individuals’ current accounts and savings held in cash Isas to recover tax debts from the autumn, it has been revealed.Continue reading

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Chancellor announces that permanent non-dom tax status will be abolished

As part of yesterday’s Budget announcement, George Osborne revealed that anyone born in Britain to UK-domiciled parents, or anyone who has lived in the country for more than 15 of the last 20 years, will have to pay full tax in the UK.Continue reading

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Barclays uses Zapp to beat Apple Pay

Britain’s largest high street banks are launching digital payment services in an attempt to retain customers and fend off growing competition from the technology giant Apple.Continue reading

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Savings bond rates increase as Charter Savings improves deals

Charter Savings – the challenger bank – has increased interest rates on five of its fixed-rate bonds, increasing competition in the savings marketplace.Continue reading

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Savings bond rates increase as Charter Savings improves deals

Charter Savings – the challenger bank – has increased interest rates on five of its fixed-rate bonds, increasing competition in the savings marketplace.Continue reading

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Specialist investigations and criminal investigations teams at HMRC set to merge

HMRC’s specialist investigations and criminal investigations teams will merge in order to “better share expertise and knowledge”, according to a statement from the tax authority.Continue reading

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Soft skills can boost pay by 15 per cent

A group of major employers, led by McDonald’s, has called for measures to formally recognise and promote soft skills such as communication and teamwork.Continue reading

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British families with stay-at-home mums face more taxes than other countries

British families with stay-at-home mothers pay more taxes than the rest of the Western world, a study reveals.Continue reading

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