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...

New Prime Minister should ‘incentivise business investment’

A number of business groups have set out their wishlists for policy changes to be put in place by the new Prime Minister. Boris Johnson became Prime Minister on 24 July 2019, and has made several changes to cabinet roles. This included the appointment of Sajid Javid...

Government dismisses calls for stamp duty shake-up

The Government has dismissed calls from a House of Lords committee to review the way stamp duty affects the housing market, and introduce reforms to help first-time buyers. In a report published in April 2019, the House of Lords select committee on intergenerational...

Large businesses penalised for late payments

Several large companies have been suspended from the prompt payment code for failing to pay suppliers on time, the Chartered Institute of Credit management has announced. The prompt payment code sets out a standard for payment practices, requiring businesses that sign...

3 in 4 firms support auto-enrolment extension

Most businesses would support auto-enrolment being made available to lower earners and the self-employed, research from the Confederation of British Industry (CBI) and Scottish Widows shows. In a survey of 240 businesses, nearly three-quarters (74%) said they want to...