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.
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.
Spring Statement 2022
24 March 2022
The Chancellor's Spring Statement outlined a number of measures to help with the cost of living.
Determining the tax residence of individuals
14 March 2022
Residency is an important factor when deciding which jurisdiction the taxpayer should pay tax in and rules vary between countries.
HMRC collects £30.8bn through tax probes
14 March 2022
The total revenue generated from HMRC’s tax investigations has risen to £30.8bn in 2021.
Personal tax planning tips for year-end
14 March 2022
Taxpayers should consider the following guide before the end of the current tax year on 5 April 2022.
Student loan repayment to start at £25k
14 March 2022
The level at which students begin to pay back their loans has been lowered from £27,295 to £25,000.
Transferring basic inheritance tax-free allowance
14 March 2022
HMRC has issued guidance on the rules for transferring the basic tax-free allowance, known as the nil rate band, to a surviving spouse or civil partner.
17% rise in whistleblower reports
14 March 2022
The Serious Fraud Office (SFO) has reported a 17% increase in whistleblower reports in the last year.
