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Guidance on new personal savings allowance

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The taxman has published a Policy Paper on the new Personal Savings Allowance (PSA) for individuals, which will mean that from tomorrow (April 6) basic rate taxpayers can receive up to £1,000 of savings and higher rate taxpayers up to £500 of savings income without any tax being due.…

Red tape stifling entrepreneurship

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Business Secretary Sajid Javid has announced that the Government is to launch a consultation into whether employment rules preventing employees from starting up their own business after leaving a job are “stifling British entrepreneurship”.…

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