Work and Pensions secretary Iain Duncan Smith has announced that he intends to support those who have been unemployed for over six months by giving them financial backing should they wish to start up their own business – and there’s no reason why that can’t include setting up as a contractor under your own limited company! The latest proposals will… Continue reading

HMRC was spared any large scale spending cuts in the government’s Comprehensive Spending Review, but the department is expected to make efficiency savings of 25% through enhanced use of new technology.
In his Commons speech, George Osborne confirmed plans to invest £900m to address HMRC’s tax gap and tackle avoidance and evasion, a measure the Chancellor claimed will bring in… Continue reading

Weak growth in the second half of the year seems likely
A monthly briefing from the ICAEW’s economic advisers.

Weak growth in the second half of the year seems likely
A range of key economic indicators have weakened over the past month – the housing market appears to be dangerously teetering on double-dip territory, credit conditions remain… Continue reading