Government Announcements

Data protection overhaul to affect SMEs

Individuals will be able to legally ask businesses to delete certain personal data from May 2018.

Bank of England cuts growth forecast

As interest rates were held at 0.25%, the Bank of England has cut its growth forecast to 1.7%.

Wales to receive income tax powers in 2019

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

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.

UK inflation drops to 2.6%

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

Government raises state pension age

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

Will laws should be “modernised”

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

Making Tax Digital delayed until ‘at least 2020’

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

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.

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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