Monthly Archives: February 2024

As ever for bitcoin's spot price, values have been volatile this year but analysts say there have been several factors behind its recent recovery and believe its looming "halving" event could help further. For more details please click the link: https://news.sky.com/story/bitcoin-hits-50-000-level-for-first-time-since-2021-13070272

The UK announces new sanctions against extremist Israeli settlers who have violently attacked Palestinians in the West Bank. For more details please click the link: https://www.gov.uk/government/news/uk-sanctions-extremist-settlers-in-the-west-bank

Business and Trade Secretary visits Nigeria to sign a landmark UK-Nigeria economic partnership. For more details please click the link: https://www.gov.uk/government/news/uk-signs-landmark-economic-partnership-with-nigeria

As you are probably aware the 2023-24 tax year ends on 5 April 2024. After this date, most of the opportunities to arrange your tax affairs in the most advantageous way end and action to reduce your tax payments must be taken before this date. Accordingly, we have less than two months to get organised.…

UK to support Ukrainian businesses by extending tariff-free trade until 2029 For more details please click the link: https://www.gov.uk/government/news/uk-extends-tariff-free-trade-with-ukraine-until-2029

David Holdsworth takes up role in July For more details please click the link: https://www.gov.uk/government/news/charity-commission-announces-next-chief-executive

Reforms to simplify and streamline lasting powers of attorney are given Royal Assent. These legal agreements enable a person to grant decision making powers about their care, treatment or financial affairs to another person if they lose mental capacity. The Powers of Attorney Act fires the starting gun on bringing the existing paper-based process online…

Eight million people on means-tested benefits are now receiving their final cost-of-living payment to help with high prices and bills. For more details please click the link: https://www.bbc.com/news/business-68204195

You can claim State Pension abroad if you have paid enough UK National Insurance contributions to qualify. To make a claim you must be within four months of your State Pension age. You must choose which country you want your pension to be paid in. You cannot be paid in one country for part of…

Pressure mounts on Chancellor Hunt to reduce some of the tax burden in the budget which is a month away, starting with the High Income Child Benefit charge. Please click the following link for details: https://www.accountingweb.co.uk/tax/personal-tax/pressure-mounts-on-chancellor-hunt-to-scrap-the-hicbc