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Affinia expands Midlands presence with Towcester acquisition

Affinia expands Midlands presence with Towcester acquisition

The Uncommon Practice appoints director to lead regional growth

The Uncommon Practice appoints director to lead regional growth

Talent shortages force accountancy firms to turn away clients

Talent shortages force accountancy firms to turn away clients

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The Treasury

HM Treasury is the UK government department responsible for developing and executing the country’s economic and financial policy. Its remit covers fiscal policy, taxation, public spending, financial services regulation, and oversight of government borrowing and debt management. The department plays a central role in shaping the UK’s business environment, with decisions that directly impact corporate taxation, infrastructure investment, and public sector funding.

Coverage includes fiscal statements, Budgets, Autumn Statements, and Spending Reviews, along with Treasury consultations and policy announcements affecting the accountancy and finance profession. Editorial reporting also examines the department’s role in responding to economic challenges, regulatory reforms in financial services, and collaboration with international bodies on tax, trade, and economic stability.

The Treasury

HM Treasury is the UK government department responsible for developing and executing the country’s economic and financial policy. Its remit covers fiscal policy, taxation, public spending, financial services regulation, and oversight of government borrowing and debt management. The department plays a central role in shaping the UK’s business environment, with decisions that directly impact corporate taxation, infrastructure investment, and public sector funding.

Coverage includes fiscal statements, Budgets, Autumn Statements, and Spending Reviews, along with Treasury consultations and policy announcements affecting the accountancy and finance profession. Editorial reporting also examines the department’s role in responding to economic challenges, regulatory reforms in financial services, and collaboration with international bodies on tax, trade, and economic stability.

IHT receipts hit £3.9bn

Inheritance tax receipts for April to September 2023 reached £3.9bn, according to new data…

HMRC’s OCW unit opened 25 tax fraud investigations last year

HMRC’s Offshore, Corporate and Wealthy (OCW) unit opened criminal investigations into 25…

Inheritance tax receipts up by £700m against last year

The Treasury received £5.3bn in inheritance tax receipts between April and December 2022,…

Inheritance tax receipts reach £4.1bn

The Treasury has received £4.1bn in inheritance tax receipts between April and October 2022,…

Treasury Committee seeks chair to replace Mel Stride

The Treasury Committee is reportedly looking for a new member of parliament to replace its…

Chancellor reverses almost all mini-budget tax cuts  

Newly appointed chancellor Jeremy Hunt has reversed almost all of the mini-budget…

Capital Gains Tax hit record £14bn in 2021

The Treasury has witnessed record amounts of Capital Gains Tax (CGT) in the year ended 5…
MPs to investigate pros and cons of tax reliefs in new inquiry

MPs to investigate pros and cons of tax reliefs in new inquiry

The Treasury Committee has called for evidence on a new inquiry into tax reliefs, which aims…

Over 400 firms now signed up to Women in Finance Charter

The Treasury has released statistics showing over 400 businesses are now signed up for the…

13 Spring Statement predictions

With both the global and UK economies coming under pressure from the rising cost of living…
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