Government Announcements

Spotlight - Government Announcements

Wales to receive income tax powers in 2019

Devolution deal to hand taxation powers to Welsh Assembly in 2 years.

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Customers urged to renew tax credits

If you haven't done so already, you need to renew your tax credits by 31 July 2017 or risk having payments stopped.

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UK inflation drops to 2.6%

The rate of inflation fell unexpectedly to 2.6% in June, down from 2.9% in May 2017.

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Government raises state pension age

People born between 6 April 1970 and 5 April 1978 will have to work an extra year.

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Will laws should be “modernised”

The Law Commission has proposed significant changes to bring wills into the modern era.

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Making Tax Digital delayed until ‘at least 2020’

3 million small businesses and landlords given more time to manage digital transition.

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Extra financial support for exporters

UK Export Finance has joined 5 of the biggest high street banks to speed up the delivery of financial support to small business exporters.

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Proposed changes to improve funeral payments scheme

The government is proposing changes to the way individuals can claim payments to cover funeral costs for an immediate friend or relative.

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Businesses back Prompt Payment Code

Businesses have backed the Prompt Payment Code to support SMEs who are dealing with overdue payments.

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Response to late MTD payment sanctions

The Chartered Institute of Taxation wants a limited number of defaults before incurring a late payment penalty under Making Tax Digital.

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