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.
UK spending drops as inflation hits
9 May 2022
The volume of retail sales in the UK dropped by 1.4% in March which is the second consecutive monthly decline with the blame placed on rising inflation.
39% rise in company insolvencies in one month
9 May 2022
The UK saw 2,114 company insolvencies in March 2022 which is a 39% increase from February.
Government fraud taskforce launched
9 May 2022
A public sector fraud taskforce that features an ‘elite team of experts’ has been launched by the Chancellor.
Tax planning for ‘mixed domicile’ marriages
9 May 2022
Opting for non-dom status brings tax advantages but what are the implications for mixed domicile marriages where one partner is liable for UK tax?
Treasury set to raise more tax than expected
5 May 2022
The freeze in income tax thresholds and rising inflation means that the Treasury will bring in £12.5bn more in tax than predicted at the last Budget.
Powers to tackle director fraud explained
5 May 2022
New powers granted to the Insolvency Service to tackle director fraud must be used with care to prevent a culture of fear around the insolvency process, argues Rachel Lai, insolvency director at Menzies LLP.
EY to hire 5,000 UK consultants
5 May 2022
EY plans to double the number of UK consultants to 10,000 by 2026 with a plan to hire 5,000 more.
Arbitration service set up as rent moratorium ends
5 May 2022
The government has set up an arbitration system to help resolve outstanding commercial rent debts as the general moratorium on commercial evictions during the pandemic ends
New tax year: how it affects your finances
5 May 2022
The new tax year started on 6 April with a number of tax changes that will affect personal finances. The 10 key changes are outlined below.
Economic Crime Act creates property register
5 May 2022
New rules will create a register of overseas owners of UK property to improve transparency and highlight potential risks of money laundering.
Benchmark interest rate hits 1%
5 May 2022
The Bank of England has raised the interest rate by 0.25% to 1%, marking the highest rate for 13 years.
Treasury to regulate cryptocurrency stablecoins
5 May 2022
The government plans to regulate stablecoins cryptocurrency as part of a wider aim to make the UK a hub for digital payment companies.
