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.

Treasury will consult on CB digital currency
Treasury will consult on CB digital currency
9 January 2022

The Treasury and the Bank of England is to launch a consultation next year on potential plans to launch a UK central bank digital currency (CBDC).

Crackdown on directors who dissolve companies
Crackdown on directors who dissolve companies
9 January 2022

The Insolvency Service has been given more powers to tackle rogue directors who dissolve their companies and avoid paying liabilities to staff, creditors and the taxpayer.

£1bn support package for businesses hit by Omicron
£1bn support package for businesses hit by Omicron
9 January 2022

The Chancellor has announced a £1bn support package including grants for the hospitality sector and a sick pay rebate scheme as Omicron variant spreads.

SSP notifications temporarily change
SSP notifications temporarily change
9 January 2022

The reporting requirements for statutory sick pay (SSP) have been changed temporarily due to the latest covid situation.

40% of consumers concerned about inheritance tax
40% of consumers concerned about inheritance tax
9 January 2022

Inheritance tax remains an area of concern for 40% of people, who say they are concerned about paying the death tax, while the majority (70%) are doing nothing to reduce a potential bill.

Arbitration process for landlords and tenants
Arbitration process for landlords and tenants
9 January 2022

The government has introduced a Bill into parliament proposing a new binding arbitration process to help landlords and business tenants find proportionate resolution of Covid-19 related rent debt.

Defaults on business covid loans could reach £22bn
Defaults on business covid loans could reach £22bn
9 January 2022

Almost a third of coronavirus business interruption loan scheme (CBILS) and bounce back loan scheme (BBLS) loans, amounting to £22bn, will go into default, claims ACP Altenburg Advisory.

Government to regulate umbrella companies
Government to regulate umbrella companies
9 January 2022

The government plans to introduce legislation to regulate umbrella companies to protect workers and clamp down on tax avoidance.

HMRC warns on tax avoidance via umbrella companies
HMRC warns on tax avoidance via umbrella companies
9 January 2022

HMRC has updated its guidance for companies using temporary labour to reduce the risk of using an umbrella company that uses tax avoidance schemes.

Individual liability when companies evade tax
Individual liability when companies evade tax
9 January 2022

HMRC has issued guidance on what action to take if a taxpayer has been sent a notice stating that they may be jointly and severally liable for the relevant tax liability of a company that has been involved in tax avoidance or evasion.

Small business loan defaults rise substantially
Small business loan defaults rise substantially
9 January 2022

The Bank of England Credit Conditions Survey shows that the majority of banks, 44% reported an increase in loan defaults by small companies in Q3 of this year.

Law to protect pensions from scammers
Law to protect pensions from scammers
9 January 2022

The Department for Work and Pensions (DWP) has published new regulations that will give trustees the power to stop suspicious transfers.

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