Stamp Duty Needs To Be Reformed
With news from the British Bankers’ Association (BBA) today (February 25) that property sales are likely to continue rising, the Royal Institution of Chartered Surveyors (Rics) is calling stamp duty “an unfair tax that distorts the property market”.Continue reading
Taxman Cracking Down
HM Revenue & Customs (HMRC) is cracking down on people who are not paying their fair share of tax with an advertising campaign targeting people who have been trying to hide money by putting it into offshore accounts.Continue reading
Flood-Stricken SMEs To Get Help
Coinciding with the announcement that the UK has experienced the wettest winter since records began, Prime Minister David Cameron has announced that at least £40m will be allocated to small businesses, farmers and residents who have been victims of the recent devastating flooding. Continue reading
Jobless Total Falls
The number of people unemployed in the UK fell by 125,000 to 2.34 million in the three months to December 2013, according to the Office for National Statistics (ONS). Continue reading
Taxman Offers Help To Tech Firms
HM Revenue & Customs (HMRC) has joined forces with the Department for Business, Innovation and Skills (BIS) to offer help to high-tech small and medium-sized enterprises (SMEs).Continue reading
Inflation Falls Below Bank’s Target For First Time In Four Years
Inflation as measured by the consumer prices index (CPI) fell below the Bank of England’s 2 per cent target level for the first time in over four years last month, further supporting Governor Mark Carney’s message earlier this month that there is no rush to raise interest rates.Continue reading
Large Firms To Help Small Ones Affected By Floods
A new initiative is gathering pledges from large firms to help the growing number of flood-affected small businesses recover from the worst of the storm crisis.Continue reading
Property Market Soaring
According to figures out today (February 14), house sales volumes hit their highest level in seven years in January and are only a whisker above the average seen in the boom years between 2000 and 2007.Continue reading
Bank Governor Unveils New Phase Of Forward Guidance
Bank of England Governor Mark Carney has updated his forward guidance policy to include a wider range of indicators for raising interest rates rather than just the rate of unemployment. Continue reading
Taxman Fines Hundreds Of Thousands For Failure To File
Hundreds of thousands of people who failed to submit their tax return online before midnight on January 31 will receive automatic fines from HM Revenue & Customs (HMRC).Continue reading
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