Hello and welcome to our July newsletter.
From missing out on valuable interest on business savings accounts to working pensioners paying £8.6 billion in income tax, this month we bring you all the latest industry news. If you have any questions or concerns about any of the topics discussed this month, please don’t hesitate to get in touch.
The taxing side of moving house
There have been so many recent shake-ups on property taxes, we’ve produced an up-to-date guide on what you’ll have to pay next time you pack. Don’t move home without it! If you’re thinking of buying your first home, or upsizing or downsizing into somewhere new, you...
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Plans to abolish class 2 NICs are scrapped
Plans to abolish class 2 national insurance contributions (NICs) have been scrapped by Chancellor Philip Hammond. The Government was originally due to abolish class 2 NICs for the self-employed from the 6 April 2018, but the move was delayed for 12 months in...
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Apprenticeships fall by 31%
The Department for Education has said that the number of people starting apprenticeships has dropped by 31% in the last 12 months. In the academic year between August 2017 and May 2018, there were 315,900 apprenticeship starts, compared to 457,200 the same time the...
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IPPR calls for inheritance tax to be abolished
A think tank is calling for inheritance tax to be abolished as part of a set of proposals for major reform to the UK tax system. The Institute for Public Policy Research (IPPR) published its 10-part plan for economic reform, which includes replacing the system of...
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