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Callum Rigby passes Exam

Callum Rigby who works for Holland & Co Chartered Accountants has successfully passed the Assurance exam with the Institute of Chartered Accountants. ” I know that Callum has been spending a lot of time revising for this exam and it’s wonderful to see...

Tax Policy: Chancellor urged to take ‘strategic approach’

With the 2020 Budget soon approaching, business groups have urged Chancellor Rishi Sunak to take a new approach to making tax policy. The Institute for Fiscal Studies (IFS), the Chartered Institute of Taxation (CIOT) and the Institute for Government (IfG) have written...

IR35 enforcement to be lenient in first year

In April 2020, changes to the off-payroll working rules (IR35) will come into effect. Who the rules apply to You may be affected by these rules if you are: a worker who provides their services through their intermediarya client who receives services from a worker...

New rules for overdraft fees

The Financial Conduct Authority (FCA) has confirmed it will introduce new rules in April 2020 that will make the overdraft fees simpler for users. According to the new rules, overdraft users can only be charged a simple annual interest rate. Therefore, no additional...

Business confidence in UK rising

UK business confidence bounced back in January after the election of a majority government saw political uncertainty recede. This comes from a survey carried out by the Institute of Chartered Accountants in England and Wales (ICAEW). See ICAEWs reports here. Business...

Household Debt Extreme High

Average household debt in the UK is now higher than during the 2008 financial crisis, according to a study by the Trades Union Congress (TUC). The TUC have claimed that average household debt is currently 31% above its peak before the financial crisis. The study...