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.
Residency is an important factor when deciding which jurisdiction the taxpayer should pay tax in and rules vary between countries.
The total revenue generated from HMRC’s tax investigations has risen to £30.8bn in 2021.
Taxpayers should consider the following guide before the end of the current tax year on 5 April 2022.
The level at which students begin to pay back their loans has been lowered from £27,295 to £25,000.
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.
The Serious Fraud Office (SFO) has reported a 17% increase in whistleblower reports in the last year.
Businesses across the country are being encouraged to apply for remaining grant funding from local authorities to help them through the pandemic.
One year since leaving the EU, two-thirds of manufacturing companies have reported that Brexit has moderately or significantly hampered their business, however optimism for growth has risen.
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Business optimism for 2022 has dropped with recruitment struggles listed as a major concern alongside the increased worry of rising inflation and supply disruption.
Nearly three quarters of UK businesses found that their business had received ‘no benefits’ since the UK left the EU in January 2021.
Now that the UK has left the EU, UK residents living and working temporarily in Spain need to ensure they avoid double taxation and complete their self-assessment returns correctly. Barrister Leon Fernando Del Canto explains.