Next week, Boris Johnson is expected to announce a manifesto-breaking tax increase to cover the cost of the biggest overhaul in social care in a generation and improve NHS waiting lists.
Millions of employees and businesses across the UK will start paying higher National Insurance contributions from Wednesday as part of a plan to raise billions for the NHS and social care.
Corporate tax can be very expensive. Britain’s currently experiencing a cost of living crisis, inflation, and massive employment. If you are a business owner, then you are likely experiencing some degree of financial difficulty. With April just around the corner, you’re likely dreading having to pay your tax bill.
The Treasury Committee has reiterated that the UK’s tax burden will reach unprecedented peacetime levels as it pushes to recover from the Covid-19 pandemic.
Former Conservative Cabinet minister David Davis has urged the UK government to abandon plans to increase national insurance contributions as the cost-of-living crisis looms.
Chancellor of the Exchequer Rishi Sunak is set to introduce cuts worth £2 billion for government departments tasked with meeting the Conservative party’s flagship “levelling up” agenda, while simultaneously planning the highest tax raid of this generation.
Following the autumn budget announcement yetrerday, Finance Monthly has heard the initial reactions from experts at top accountancy firm Crowe UK. From Corporate Finance to Small Businesses and IR35, there are tax implications for many… Matteo Timpani, Corporate Finance partner: Entrepreneur’s Relief (ER) remains an attractive, and essential, tax incentive that drives UK innovation and […]
Finance Monthly delves into the potential impact of an ‘Amazon tax’ and the alternative solutions that can help the struggling British bricks-and-mortar retailers. With a series of high-profile collapses and CVAs, including the recent turbulences that House of Fraser is faced with, Britain has seen its fair share of high-street horror stories in […]
When the editor of Finance Monthly asked me to assess Boris Johnson’s economic plan, I laughed and asked… what plan? And then it struck me… this is serious.
There is a timeline for ending lockdown, but it will come after more than a year of industry-shaking changes. Will the property market return to "normal" in the end?
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