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The economy grew by 2.3% in April 2021
Local holidays and hospitality drove the boost.Independent advisory group to help tackle ‘greenwashing’
It will oversee the implementation of a green taxonomy.HMRC crackdown on gifting rules claws back £624m
Families hit with big inheritance tax bills after believing gifts would not be taxed.R&D tax credits a ‘costly failure’
Research and development spending is lower than twenty years ago.New Government watchdog to protect workers’ rights
It will gain the responsibilities of three current agencies.£305,000 needed for a ‘comfortable’ retirement
That equates to £26,000 a year.OTS explores moving end of tax year
Tax simplicity is the priority for the OTS.Furlough figures fall to their lowest levels this year
The Treasury said its recovery plan ‘is working’.HMRC updates process for furlough claims
Updated templates should make the system easier.Hundreds of taxpayers caught out by IHT gift rule
Taxpayers lost out on over £600 million.