by David Jones | Oct 19, 2023 | Comments on Global News, Opinion
(A round-up of the recent party conferences) So, the dust has settled on another Conservative Party conference and most accountants, economists, bankers were glued to the nightly summary of announcements looking for any clue as to would the Tories cut inheritance tax,...
by David Jones | Sep 7, 2023 | Business Tax, Corporate Tax Planning, Self Assessment
HMRC is keen to report how much tax it collects each year, as that is its mission – to collect “the right amount of tax” from each taxpayer. But HMRC is seemingly less keen on measuring how much tax it forgoes each year in the form of tax reliefs and allowances and...
by David Jones | Jun 29, 2023 | Opinion
A week ago, Bank of England (BofE) Governor Andrew Bailey announced that The Bank had decided to increase the base rate by a half percent to an eyewatering 5%, the 13th consecutive time it had raised rates in the last eighteen months. The monetary policy committee...
by David Jones | May 25, 2023 | Business Regulation, Business Tax, Personal Tax Planning, Self Assessment, Tax Investigations
After ignoring concerns from professional bodies about HMRC service levels and treating the Office of Tax Simplification more like an annoying wasp buzzing in its ear, the government gives the distinct impression that it doesn’t want to listen to tax experts. A budget...
by David Jones | Mar 30, 2023 | Comments on Global News, Opinion, Personal Finance
In light of the latest figures on inflation, with a jump to 10.4% during February, the Bank of England (BoE) has once again decided to raise UK interest rates by 0.25%, taking the current rate of interest to 4.25%, its highest figure since the banking crisis of...