Help-to-buy ISA closing date approaches
First-time buyers have around four months left to open a help-to-buy ISA, before the scheme closes to new applicants on 30 November 2019. The help-to-buy ISA allows people to receive a 25% government bonus on savings they use to buy their first home, up to a maximum...Open Banking and how this impacts Xero
New EU standards, due to take effect from 14 September 2019, will change the way some banks connect to Xero. To comply with the new requirements, many of Xero’s bank feeds will be replaced by new direct feeds using Open Banking. What is Open Banking? Open Banking...Acquisition activity suppressed by market uncertainties
More than half of UK companies are said to be holding off mergers and acquisitions as market uncertainty causes a risk aversion. Chief amongst factors causing the uncertainty is Brexit and current risk appetite levels are the lowest since the financial crisis of 2008....Private sector contractors warned about tax rises
Sole traders and the self employed who work with the private sector will have to pay increased tax after the government said it would continue with plans to level the playing field between employees and those in the gig economy.