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.
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.
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.
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.
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.