Blog

IMF chief praises UK economy - 17 April 2015

The head of the International Monetary Fund, Christine Lagarde, has endorsed the UK government’s economic strategy.

HMRC is “increasingly likely” to decide that tax return mistakes are deliberate - 16 April 2015

According to statistics issued by HMRC under a Freedom of Information Request, taxpayers are more likely to be accused of intentionally stating incorrect figures on their tax returns if a mistake is found by the taxman.

Pensions: Act now to avoid 55 per cent tax - 15 April 2015

New rules on the total amount of money that can be saved tax-free in a pension are set to come into force in April 2016.

IFS warns about negative impact of cuts to pension relief for high earners - 14 April 2015

In a recent report, the Institute for Fiscal Studies (IFS) has claimed that the policy announcements from the Conservative and Labour parties, which intend to cut pensions tax relief for those earning over £150,000, could potentially cause “chaos” for the

ICAEW says that small firms are saving cash - 13 April 2015

According to a recent poll conducted by ICAEW (the professional accountancy and finance body), more businesses are saving cash and are less likely to heavily invest while the UK economy is still recovering from the recession.

SNP leader accused of damaging the UK economy after Scottish independence vote stance - 10 April 2015

Nicola Sturgeon, leader of the Scottish National Party (SNP), has received a negative response after failing to rule out another independence vote taking place in Scotland.

UK economy growing at a “steady rate” but businesses call for interest rate fix - 9 April 2015

In its quarterly economic survey, the British Chambers of Commerce (BCC) has released information that shows how Britain’s economy is demonstrating steady growth, with instances of growth at pre-recession levels also being recorded.