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07 July 2020
© Andrey Popov | Dreamstime.com - Businessman holding tax blocks

On the 25th March 2020, Chancellor Rishi Sunak announced the Self-Employment Income Support Scheme (SEISS). This allowed HMRC to calculate and provide an appropriate taxable grant to self-employed individuals ‘whose livelihoods are adversely affected by coronavirus’, based on their average income.

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18 August 2014

You can now apply for protection of your pension savings from the lifetime allowance up to an overall maximum of £1.5 million. This is called individual protection 2014.

18 August 2014
IFRS

The International Accounting Standards Board (IASB) has published Equity Method in Separate Financial Statements (Amendments to IAS 27).  The amendments to IAS 27 will allow entities to use the equity method to account for investments in subsidiaries, joint ventures and associates in their separate financial statements.

18 August 2014
Bank Negara Malaysia © Tktktk | Dreamstime.com

Malaysia's economy grew a better-than-expected 6.4% in the second quarter on the back of stronger exports and robust domestic demand, the central bank said on 15 August 2014.

18 August 2014
© Mrallen | Dreamstime.com - Flag Of The Peoples Republic Of China Photo

The State Council has revised 21 administrative regulations to cancel or decentralise administrative approvals. The decision, endorsed by Premier Li Keqiang, is effective immediately, said a statement from the State Council, China's cabinet, on 15 August 2014.

18 August 2014
Chinese Dragon

Xinhua published a commentary on 14 August 2014 on China's economic performance in the first seven months under the leadership of the Communist Party of China (CPC).

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