Ukraine has been offered a helping hand by the UK Government to rebuild its economy in the wake of the Russian invasion. Talks between the two nations have led to plans to pursue a new digital trade agreement to help Ukrainian businesses trade more effectively with the UK. International Trade Secretary Anne-Marie Trevelyan met officials […]
Thousands of homeowners who have been paying doubled ground rent on their leasehold properties are to receive a refund. Many of the 5,000 households throughout the UK affected by ‘doubling clauses’ will receive a windfall and will see more money in their pockets each month as ground rents return to their original amount. The announcement […]
Starling Bank has proved unstoppable in the latest large scale banking surveys, coming top for business and personal accounts. Personal and small business current account holders were asked how likely they would be to recommend their provider to a friend, relative or other business. The surveys also covered the quality of online and mobile provision, […]
Struggling families have been given the welcome news that their broadband bills could be cut as the cost-of-living crisis continues to bite. Millions of low-income households could be eligible for cheaper deals with internet service providers being encouraged by the Government to offer ‘social tariffs’. A new service, which goes live this week and is […]
Late taxpayers will be facing higher interest rates from this week following the rise in the Bank of England base rate. HMRC’s interest rates for late payment are linked to the base rate that was increased to 1.75% from 1.25% earlier this month. The changes will come into effect on: 15 August 2022 for quarterly […]
Abuse of the Bounce Back Loan scheme is continuing to land people in court as the Insolvency Service tightens its net around those who have misused the cash designed to help businesses during the pandemic lockdowns. Five individuals have separately been made subject to bankruptcy restrictions totalling 48 years for exploitation of the initiative, which […]
Abuse of the Bounce Back Loan scheme is continuing to land people in court as the Insolvency Service tightens its net around those who have misused the cash designed to help businesses during the pandemic lockdowns. Five individuals have separately been made subject to bankruptcy restrictions totalling 48 years for exploitation of the initiative, which […]
Thousands of couples could be missing the opportunity to reduce their tax by £250 a year. Married couples and people in civil partnerships can sign up for Marriage Allowance, which allows them to share their personal tax allowances if one partner earns below the Personal Allowance threshold of £12,570, and the other is a basic […]
Businesses are being warned they could risk significant delays to importing goods if they don’t move to the UK’s new streamlined customs system. Organisations submitting import declarations must use the Customs Declaration Service from 1 October 2022, when the Customs Handling Import and Export Freight (CHIEF) system will close for import declarations. Businesses should check […]