The government is proceeding with an increase to tax reliefs provided under the SEIS, a scheme which provides income tax relief to investors in start-ups. Currently, new companies can raise £150,000 from SEIS investments but from April 2023 this will be increased to £250,000. The amou...
If we cast our minds back to this time a year ago, many were fretting deeply about the possibility of a global recession, after a period of swift increases in interest rates to tame inflation. The narrative through the back half of 2023 was that rate hikes would torpedo growth, and equit...
Greece recorded a primary budget surplus of 0.1% in 2022. This surplus widened in 2023—from €3.7 billion to €6.3 billion. Despite rising interest rates, the turnaround in the government accounts
“There is plenty of scope to cut tax rates in the budget. Debt interest charges are about to tumble as inflation falls. Abolish UK Government Investments and cut nationalised industry losses.” —John Redwood MP on “X”, Feb. 29th2024 The trouble with this low-tax shibboleth is that hig...
For the financial year to 31 March 2023, the valuation of SEPS increased by £107.1 million to £174.5 million primarily due to actuarial gains of £72.8 million, in particular, the impact of higher discount rates as well as deficit repair contributions exceeding service costs. The last ...
Partyto campaign vigorously for a second referendum proposing the creation of a Scottish Parliament (a previous referendum in 1979 was unsuccessful). The referendum passed with more than 74 percent of voters in favour; 64 percent also approved giving the body the power to change tax rates. ...