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.

Super-deduction extended to leased property
Super-deduction extended to leased property
6 June 2021

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.

VAT Deferral New Payment Scheme Closing in June
VAT Deferral New Payment Scheme Closing in June
6 June 2021

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.

Eviction ban lifted so bailiffs can intervene
Eviction ban lifted so bailiffs can intervene
6 June 2021

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.

Warning to directors of dissolved companies
Warning to directors of dissolved companies
6 June 2021

The Insolvency Service has been given new powers to target company directors who dissolve their businesses and leave staff or taxpayers out of pocket

Investigations into Covid loan fraud rose 50% in February
Investigations into Covid loan fraud rose 50% in February
6 June 2021

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.

Fifth self-employment income support grant available from July
Fifth self-employment income support grant available from July
6 June 2021

A fifth grant covering May 2021 to September 2021 will be open to claims from late July 2021.

Furlough change means employers contribute 10% from 1 July 2021
Furlough change means employers contribute 10% from 1 July 2021
6 June 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.

Treasury launches Breathing Space scheme
Treasury launches Breathing Space scheme
3 June 2021

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.

Extension of insolvency protection
Extension of insolvency protection
3 June 2021

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.

HMRC sets out penalty regime for SEISS abuse
HMRC sets out penalty regime for SEISS abuse
3 June 2021

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.

Trusts and potentially exempt transfers
Trusts and potentially exempt transfers
3 June 2021

This article explains the tax compliance issues when passing on substantial financial gifts to family under inheritance tax rules.

Changes to furlough scheme from 1 May 2021
Changes to furlough scheme from 1 May 2021
3 June 2021

From 1 May, the government has made a number of changes to how the Job Retention Scheme works for furloughed workers

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