Budget 2018: Predictions
Philip Hammond will deliver his 2018 Budget on 29 October. But what can we expect when the Chancellor delivers his speech? Theresa May’s recent promise of the end of austerity has prompted a fresh wave of optimism concerning what Philip Hammond may announce in the...
Bank accounts to pay savers ‘minimum interest rate’ under FCA plans
The FCA is trying to fix the issue that savings in accounts opened a long time ago earn a lower interest rate then savers who shop around and open new accounts. 87% of UK adults have cash savings. Research conducted from the financial conduct authority (FCA) found...
Requirement to Correct: time is running out to disclose
‘Requirement to Correct (RTC)’ legislation requires UK taxpayers to ensure that all foreign income and assets, where there may be UK tax to pay, have been correctly declared to HMRC by 30 September 2018. HMRC will impose very harsh penalties for those who fail to...
Tax Rates 2018/2019
Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Capital Allowances:...
