The NHS have taken action to avoid winter treatment delays by deciding to cover all senior doctors tax bills. Senior doctors and consultants are refusing to work overtime as they are worried it could prompt a large pension tax charge. The reason for this is because if...
UK retailers have been hit by a surprise 0.1% decrease in sales in October despite it traditionally signaling the start of Christmas period spending. City analysts had predicted a month-on-month increase because of large discounting by retailers to entice shoppers in....
Manufacturing orders increase after no-deal brexit avoided A survey conducted by the Confederations of British Industry (CBI) shows that there has been an increase in orders for British manufacturers during November, although this was against a backdrop of near decade...
PM pledges increase in support for Research & Development Boris Johnson has told the CBI Conference that he will increase the amount of annual Research and Development (R&D) tax relief. He told business leaders “In order to help businesses innovate, this...
Planned cuts to corporation tax next April are to be put on hold, Boris Johnson has told business leaders. The tax rate paid by companies on their taxable profits was due to fall from 19% to 17%, with the aim of boosting business. However, the Prime Minister told the...
According to the most recent data by the Office of National Statistics the economy is growing at its slowest rate in almost a decade. In the third quarter Britain’s economy grew by just 0.3% after a dramatic shrink in the second quarter. This means that annual growth...
For newly updated guidance please see the article from THE LAW SOCIETY re-research fees. New guidance has been issued by the Law Society about whether items may be treated as disbursements for VAT purposes. The guidance, dated 8 October 2019, follows previous guidance...
SRA Accounts Rules 2019 The SRA has just published a statement relating to residual balances that cannot be repaid under rule 2.5. of the new 2019 SRA Accounts Rules which become effective for all firms from 25 November. The statement can be accessed from the SRA...
A report compiled by the Academy of Medical Royal Colleges (AoMRC) has shown that some NHS services are struggling to remain open as doctors cut their hours to avoid being taxed on their pensions. Doctors are often refusing additional work as the taxes on pensions can...
The NHS have taken action to avoid winter treatment delays by deciding to cover all senior doctors tax bills. Senior doctors and consultants are refusing to work overtime as they are worried it could prompt a large pension tax charge. The reason for this is because if...
UK retailers have been hit by a surprise 0.1% decrease in sales in October despite it traditionally signaling the start of Christmas period spending. City analysts had predicted a month-on-month increase because of large discounting by retailers to entice shoppers in....
Manufacturing orders increase after no-deal brexit avoided A survey conducted by the Confederations of British Industry (CBI) shows that there has been an increase in orders for British manufacturers during November, although this was against a backdrop of near decade...