The investment industry were concerned the Government would hike the 18 per cent CGT rate to narrow the gap with the 50 per cent top rate of income tax.
Chancellor Alistair Darling’s decision to cut business rates and double the annual investment allowance for small firms has been welcomed by industry experts. In the Budget, Darling ann-ounced that business rates will be reduced for one year starting in October and the annual business investment allowance will be increased from £50,000 to £100,000. Darling said […]
Platform has revealed it is relocating 80 mortgage and customer service staff from London to Leek and Stockport or offering them redundancy if they do not wish to move.
Chancellor Alistair Darling is expected to announce a crackdown offshore tax evaders in tomorrow’s Budget by doubling the maximum penalty to 200 per cent of the tax owed.
THE EDITOR’S WEB COMMENT OF THE WEEK
So are the new Pension Freedoms being used? The answer to this appears to be a very clear ‘yes’. Figures from the Financial Conduct Authority (FCA) this week provides firm evidence of such usage.
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