Economy
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More expertise and resource are required within HMRC to tackle fraud and error, says Lords report
Today the House of Lords Economic Affairs Finance Bill Sub-Committee published its report on the Government’s draft Finance Bill 2022-23. The Bill…
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142% increase in people missing January’s self assessment deadline
Research by tax experts, RIFT Tax Refunds, has shown that the number of people missing January’s self assessment tax deadline has increased by 142%…
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Income gap between richest and poorest widens again
Laura Suter, head of personal finance at AJ Bell, comments on the latest ONS figures on disposable income: “These figures lay bare how the…
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Hargreaves Lansdown’s Streeter comments on Jeremy Hunt’s blueprint plan for growth
Jeremy Hunt’s blueprint plan for growth lacks detail, according to Hargreaves Lansdown’s senior investment and markets analyst Susannah Streeter. She said: “Jeremy…
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Confused by GDP? 7IM’s Ben Kumar highlights how GDP figures aren’t set in stone
Written by Ben Kumar, senior investment strategist, 7IM You probably saw a headline like this sometime last week. Source: BBC News And…
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IHT receipts up by £700k – reaction
Inheritance tax receipts for December 2022 totalled £545 million, up from £474 million in the same month a year ago. For the…
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Megatrends: Technology, supply chains and commodities – the implications of a new world order
We’re at an inflection point today. The relative macroeconomic stability of the Great Moderation – which spanned the past four decades from…
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Accountants reporting “sharp rise in business owners struggling to make their January tax payments” We share their views and advice
As the clouds continue to circle over Nadhim Zahawi’s tax affairs, it seems that UK business owners are having problems of a…
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High earners pay UK salary equivalent in tax in just days
The latest research by finance experts, RIFT Tax Refunds, has revealed that the nation’s high earners will have paid more in tax by…
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Inflation pressures continue to strike a duel blow to both monthly budgets and the real value of savings
Jenny Holt, Managing Director for Customer Savings and Investments at Standard Life, comments on 10.5% December CPI. “Inflation isn’t going away quickly,…
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