Aga Khan Economic Planning Board
The Economic Planning Board (EPB) is a volunteer organisation under the Ismaili Council for the United Kingdom (UK). It was established to keep the economic status of the Jamat under review. It aims to improve the economic well-being of the Jamat via case management and support in the areas of employment and personal finance. The EPB has also launched a number of business alliances in industries from hospitality to pharmaceuticals.
Taxi drivers face tax checks to renew licence
9 January 2022
Changes to the licensing rules for taxi drivers will add a requirement to check their tax compliance before issuing new licenses in a bid to tackle tax evasion from 2022.
Cyber security threat to increase
9 January 2022
Two thirds (66%) of UK business leaders expect the threat from cyber criminals to increase over the next 12 months, according to the latest PwC cyber security survey.
Bank of England raises base rate to 0.25%
9 January 2022
The Bank of England has raised the bank base rate for the first time in three years to 0.25%, despite concerns over omicron variant.
The remittance basis and deemed domicile rules
9 January 2022
For non doms it is important to consider the levels of the remittance basis charge and when the application of the deemed domicile rules means that a claim for the remittance basis is no longer possible, warn tax advisers.
Covid-19 grants must be included on tax returns
9 January 2022
HMRC is reminding self-assessment customers to declare any Covid-19 grant payments on their 2020/21 tax return, including SEISS claims which are taxable.
Tax filing deadlines: December 2021
20 December 2021
In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates from the deadline for PAYE electronic payments to filing corporation tax returns for accounting periods ended 31 December 2020.
Autumn Budget 2021
27 October 2021
Key features from this year's Budget below.
60-day capital gains tax payment window
27 October 2021
In a welcome move for residential property owners, the Budget Red Book confirmed that the current 30-day capital gains tax (CGT) payment window will be extended to 60 days.
Business rate cut for hospitality and leisure
27 October 2021
As the hospitality industry continues to recover from the pandemic, the Chancellor announced significant discounts on business rates for specific sectors for the next 18 months.
R&D tax relief to prioritise UK-based investment
27 October 2021
In the Budget, the Chancellor announced that from April 2023 research and development (R&D) tax relief will be refocused onto UK based businesses.
Tax relief for creative and cultural industries
27 October 2021
In the budget, the Chancellor has announced the tax relief of up to 50% for theatres, galleries, and other cultural organisations worth almost £250m.
Annual investment allowance extended
27 October 2021
In the Budget, the Chancellor Rishi Sunak confirmed measures to support business investment with changes to allowances and covid loans.
