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.

Income tax bill doubles in two decades
Income tax bill doubles in two decades
5 August 2021

Annual income tax paid by the British public has doubled over the last 20 years paying £93bn in 1999 to 2000 rising to £187bn in 2018 to 2019.

Employee exodus could cost up to £17bn
Employee exodus could cost up to £17bn
5 August 2021

The cost of additional staff turnover could amount to a £16.9bn toll on business in the UK and Ireland as four out of ten employees are looking to change jobs in the next 12 months.

UK to replace EU state aid rules on bailouts
UK to replace EU state aid rules on bailouts
5 August 2021

The UK government has announced new laws to replace EU rules on taxpayer-funded bailouts and business support, launching a subsidy system ministers say will help boost jobs and the economy

HMRC to resume debt collection activities
HMRC to resume debt collection activities
5 August 2021

HMRC have published a new Policy Paper: Collecting tax debts as we emerge from coronavirus.

Recent tax changes for UK property investors
Recent tax changes for UK property investors
5 August 2021

A number of changes to tax rules have added to compliance requirements for property owners and increased tax bills. Andrew Hoban, partner at Allsop, explains.

HMRC clarifies position on tax debt
HMRC clarifies position on tax debt
5 August 2021

As the UK emerges from the pandemic and economic activity resumes, HMRC says it is taking an ‘understanding and supportive approach to dealing with those who have tax debts or are concerned about their ability to pay their tax’

Tax-Free Childcare
Tax-Free Childcare
1 July 2021

Tax-Free Childcare – a childcare top-up for working parents – can be used to help pay for accredited holiday clubs, childminders or sports activities.

Rent moratorium for businesses extended to March 2022
Rent moratorium for businesses extended to March 2022
1 July 2021

The ban on commercial evictions has been extended to 25 March next year to support businesses facing financial hardship due to the ongoing lockdown limitations

Fifth self-employment income support grant available from July
Fifth self-employment income support grant available from July
6 June 2021

A fifth grant covering May 2021 to September 2021 will be open to claims from late July 2021.

Super-deduction extended to leased property
Super-deduction extended to leased property
6 June 2021

The government plans to amend the qualifying criteria for the super deduction capital allowance announced in the March Budget, extending the rules to leased properties.

VAT Deferral New Payment Scheme Closing in June
VAT Deferral New Payment Scheme Closing in June
6 June 2021

Businesses that deferred VAT payments last year have one month left to join online to pay in monthly instalments under the VAT Deferral New Payment Scheme, HMRC has confirmed.

Furlough change means employers contribute 10% from 1 July 2021
Furlough change means employers contribute 10% from 1 July 2021
6 June 2021

From July employers will have to pay 10% of staff wages to anyone on furlough as the government reduces its level of support for the Coronavirus Job Retention Scheme.

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