In the Confederation of British Industry (CBI) conference last week, Prime Minister Boris Johnson stated that next April’s planned cut in corporation tax is to be put on hold. The rate paid by firms on their profits was due to fall from 19% to 17%. However, the...
According to the Pensions Regulator (TPR) and the Financial Conduct Authority (FCA), victims of pension scams could lose 22 years of savings in 24 hours. In a recent report published jointly by the TPR and the FCA has suggested that it could take up to 22 years for a...
The majority of UK charities admit that fraud is a major risk, yet they still fail to carry out basic tasks to protect themselves, according to a report published by the Charity Commission. Over 3,300 charities took part in the Charity Commissions’s survey into...
The government has been urged to overhaul the ‘broken’ business rates system by the Treasury Select Committee. According to the Committee, alternatives are needed to protect struggling high street retailers. The Committee published a report highlighting...
In a letter to the Treasury, the Office for Budget Responsibility (OBR) has stated that it will publish forecasts for the UK’s public finances despite cancellation of the 6 November Autumn Budget. The OBR highlighted the fact that the forecasts were prepared on...
Experts have warned Chancellor of the Exchequer Sajid Javid that prioritising HMRC over other creditors in insolvencies will have a ‘negative impact on the UK’s economic growth’. The letter that issued the warning was signed by 11 business...
