National Savings and Investments (NS&I) has recently launched a government-backed Investment Bond. The main details of the Bond are as follows: minimum deposit of £100 balances on the account must be between £100 - £3000 applications can only be made online and up to April 2018 applicants must be aged 16+ years fixed interest rate of 2.2% for three years paid yearly ...

The Queen delivered the 2017 Queen’s Speech on 21 June which set out the government’s agenda for the coming parliamentary session. The speech outlined the government’s proposed policies and legislation. This Queen’s speech announced that the government will focus on: delivering a Brexit deal that works for all parts of the United Kingdom and building a stronger, fairer cou ...

The latest Compliance and Enforcement Bulletin from the Pensions Regulator (TPR)  makes interesting reading as it sets out cases and the powers TPR have used relating to automatic enrolment and associated employer duties. TPR are warning employers that ignoring TPR penalties could seriously damage a business’ reputation. TPR are maintaining a tough approach towards those empl ...

Tax-Free Childcare, the new government scheme to help working parents with the cost of childcare launched at the end of April and is being rolled out to parents, starting with those parents with the youngest children first. For every £8 a parent pays in, the government will pay in an extra £2. Parents can receive up to £2,000 per child, per year, towards their childcare costs ...

New Tax facts brochure: Tax Rates 2017-18 ...

With the announcement of a snap General Election on 8 June the time available for scrutinising proposed legislation was short so the Finance Act was rushed through Parliament. Many clauses have not made it to the final legislation due to time constraints. These include the provisions to enable Making Tax Digital, changes for Non Domiciled individuals and corporate losses. The ...