Tax, VAT and Finance News: Business export

Tax, VAT and Finance News: Business export


Is business export ambition lacking? Most businesses don’t currently export and don’t intend to start, according to research by the Institute of Chartered Accountants in England and Wales (ICAEW). 69% of businesses have never traded overseas and have no plans to do so in the future despite high-profile government campaigns. Important findings: 66% haven’t heard of…

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Tax, VAT and Finance News: Flexible working for higher earning parents


Flexible working for higher earning parents. Parents who earn more are more likely to work flexibly, according to the charity Working Families. 69% of parents who earn more than £70,000 a year work in a flexible way, compared to 47% of those earning between £10,000 and £40,000. More than two thirds (68%) of all working…

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Tax, VAT and Finance News: Autumn Statement 2016 Report


The first major economic statement since the EU referendum focused on measures to “prepare our economy to be resilient as we exit the EU”.  The following Autumn Statement 2016 report summarises the announcements made by chancellor Philip Hammond on 23 November 2016. The end of the Autumn Statement The main surprise is that this was…

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Tax, VAT and Finance News: Autumn Statement 2016 expectations


Chancellor Philip Hammond is due to deliver his Autumn Statement on 23 November 2016. Speaking at the Conservative party conference in October, Hammond said the government will prioritise spending on housing and business investment to boost the economy. Here is a round-up of some of the potential measures that could be announced: Economic policy The…

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Tax, VAT and Finance News: Pension reforms


The pension reforms introduced by George Osborne could cost £5 billion and push house prices up in the long term, according to the Office for Budget Responsibility (OBR). The report examined the projected economic effects of a range of the ex-chancellor’s reforms, including the pension freedoms and savings products such as the Help to Buy…

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