Apr 30, 2022 | Newsletter
Government statistics issued yesterday show that HMRC tax receipts are £80bn higher than they were before the pandemic. Growth in tax returns was fuelled in part by a 35% year-on-year surge in the UK’s capital gain tax bill, which is up from £10.8bn to a record...
Apr 29, 2022 | Newsletter
The chancellor should be more worried about the risk of the cost-of-living crisis plunging the UK into a recession later this year, than higher debt costs, economists warn. Rishi Sunak faces a trade-off between trying to trim the public debt or easing pressures on...
Apr 27, 2022 | Newsletter
Britain’s Advertising Standards Authority has issued enforcement notices to more than 50 cryptocurrency firms, which could be sanctioned if they don’t clean up their act. Regulators have issued repeated warnings about ‘misleading’ and ‘irresponsible’ crypto ads, which...
Apr 25, 2022 | Newsletter
Pensioners are in line for a £733 boost to the state pension next year, after the Government promised to reinstate the state pension “triple lock”. Ministers denied millions of pensioners a record £822 increase in the state pension this year due to its controversial...
Apr 23, 2022 | Newsletter
Making Tax Digital (MTD) is a bold plan by HMRC which aims to get small businesses and the self-employed to complete their tax records and returns entirely online. Whereas the first phase of the MTD legislation saw only businesses with a taxable turnover of over...
Apr 20, 2022 | Newsletter
Stocks these days are much like the weather – only much harder to forecast. For one hour of a trading day, you might be tempted to sit back and relax in the sun. But the next hour, you’ll wish you left home with an umbrella as stocks start plunging. Much of that...
