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Business rates review

Business rates review

The government has confirmed that the next business rates revaluation in England will be postponed until April 2023. The government has previously announced that the revaluation that was due in 2021 would be delayed due to the coronavirus pandemic but no date had been...
Why do customers buy from you?

Why do customers buy from you?

This may seem to be an odd question. They buy because you offer what they want at the right price? But is that the only consideration? For faceless organisations like the larger online retailers, customers benefit from the huge range of goods on offer, easy payment...
Draft legislation published for Finance Bill 2020-21

Draft legislation published for Finance Bill 2020-21

The government has published the draft legislation for Finance Bill 2020-21, along with accompanying explanatory notes, tax information and impact notes. The consultation on draft clauses is intended to make sure that the legislation works as intended. The...
Who pays Inheritance Tax?

Who pays Inheritance Tax?

Inheritance Tax (IHT) is levied on a person’s estate when they die and can also be payable during a person’s lifetime on certain trusts and gifts. The rate of Inheritance Tax payable is 40% on death and 20% on lifetime gifts.  IHT is payable at a...
Local authorities to receive £500m additional support

Local authorities to receive £500m additional support

The government has confirmed allocations for individual councils in England from the £500 million of additional support for Coronavirus-related spending pressures. This further injection sees a total of £4.3 billion in direct funding to councils to help...