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Payment period on residential CGT is doubled

Posted on November 15, 2021 | Economy | Housing | Legislation Changes | Tax
The government has doubled the period for filing and payment of capital gains tax (CGT) on residential property from 30 days to 60 days. The measure …

IFS predicts millions to be worse off next year due to tax rises

Posted on November 12, 2021 | Economy | Tax
The Institute for Fiscal Studies (IFS) has predicted that millions of people will be worse off in 2022 as a result of spiralling costs and …

Business groups give mixed response to Budget

Posted on November 10, 2021 | Economy
Business groups gave a mixed response to Chancellor Rishi Sunak's 2021 Autumn Budget speech. Responding to the speech, the Confederation of British Industry (CBI) said that …

Chancellor delivers Budget to lay foundation for a strong economy

Posted on November 8, 2021 | Economy
On 27 October, Chancellor Rishi Sunak delivered a Budget to ensure the UK economy bounces back following the coronavirus (Covid-19) pandemic. The Chancellor announced that total …