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.
The government plans to amend the qualifying criteria for the super deduction capital allowance announced in the March Budget, extending the rules to leased properties.
Businesses that deferred VAT payments last year have one month left to join online to pay in monthly instalments under the VAT Deferral New Payment Scheme, HMRC has confirmed.
The government ban on eviction notices has been lifted allowing landlords to serve notice on tenants who have not paid rent and can now call in bailiffs.
The Insolvency Service has been given new powers to target company directors who dissolve their businesses and leave staff or taxpayers out of pocket
Bounce Back Loan (BBLs) fraud investigations by the City of London Police increased by more than 50% in February 2021 compared to the previous month, shows research from RPC, the international law firm.
A fifth grant covering May 2021 to September 2021 will be open to claims from late July 2021.
From July employers will have to pay 10% of staff wages to anyone on furlough as the government reduces its level of support for the Coronavirus Job Retention Scheme.
Hundreds of thousands of people struggling with debt problems will be supported through a new debt respite scheme, Breathing Space, launched by government, which gives a 60-day respite period.
The fallout from the pandemic has put pressure on businesses but a range of government measures has offered much needed breathing space. But directors must remain alert to potential cash flow and risk issues, warns Benjamin Wiles, managing director, restructuring advisory at Kroll.
As the fourth self-employment income support scheme (SEISS) ramps up for applications, HMRC has confirmed the penalty regime with harsh fines for abuse of the financial support.
This article explains the tax compliance issues when passing on substantial financial gifts to family under inheritance tax rules.