Nov 12, 2020 | Current Affairs
Landlords could be in line for another tax blow as a new report recommends doubling the rate of capital gains tax (CGT) and cutting exemptions.The Office of Tax Simplification (OTS) has published a review of the tax, commissioned by Chancellor Rishi Sunak, which...
Nov 11, 2020 | Current Affairs
The Public Accounts Committee (PAC) has reported over £1.1 billion worth of suspected fraud in the Government’s coronavirus bounce-back loan (BBL) scheme during the first six months of the scheme being introduced.In a letter to the PAC, Catherine Lewis La Torre, chief...
Nov 10, 2020 | Current Affairs
Unemployment across the UK is continuing to rise as a result of the coronavirus pandemic, according to the Office for National Statistics (ONS).The ONS reported the unemployment rate increased to 4.8% from July to September 2020, up from 4.5%. In the three months to...
Nov 9, 2020 | Current Affairs
The Government has delayed the implementation of its new online pensions dashboard, which will enable people to view all their pensions in one place.The pension system was initially set to take effect in 2019, but the Money and Pensions Service (MaPS) recently...
Nov 6, 2020 | Current AffairsGovernment Announcements
The Government has extended its furlough scheme until the end of March, with employees receiving 80% of their current salary for hours not worked.Earlier this week, the Government announced the furlough scheme would initially be extended until 2 December 2020.It will...
