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.

39% rise in company insolvencies in one month
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.

HMRC targets less than 1% of crypto investors
HMRC targets less than 1% of crypto investors
5 May 2022

HMRC contacted less than 1% of UK cryptocurrency investors about their potential capital gains tax liability last year.

Treasury set to raise more tax than expected
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
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
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
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
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
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%
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
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.

National Living Wage increases to £9.50
National Living Wage increases to £9.50
5 May 2022

The National Living Wage and National Minimum Wage rise came into effect on 1 April.

Enterprise investment schemes: tax breaks
Enterprise investment schemes: tax breaks
5 May 2022

Since 1994, enterprise investment schemes (EIS) have been an important tool in the investors’ kit, but many potential investors worry that EIS-eligible businesses are too high risk.

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