CA daily briefing: Tuesday 29 September
Your essential briefing of the morning's top news stories.
Good morning, Andrew Harbison here with today's latest news and updates.
The latest from ICAS
How can the tax system turn an £800,000 charitable donation into a £215,000 tax bill? Philip McNeill examines a recent High Court case which shows how.
Today's top stories from around the web
- MPs slam ‘inconsistency and incompetence’ as SMEs struggle to get bounce back loans (City AM)
- Bank deputy governor warns against negative interest rates (BBC News)
- UK watchdog sets Wednesday deadline for agreement on business insurance claims (Reuters)
- UK set for tax hikes as IFS sees bigger state outlasting COVID-19 (Bloomberg)
- Donald Trump ‘a bad businessman or a tax cheat – probably both’, say accountants (The Guardian)
- 'Unenforceable' rules to trigger hospitality sector collapse, lockdown city leaders warn (Sky News)
- Public spending rise could last longer (BBC News)
- Britain and EU reach temporary agreement on derivatives clearing (City AM)
- UK seeks to boost job training to help workforce recover from COVID-19 (Reuters)
- Uber granted London licence as court rules it 'no longer poses a risk' (The Guardian)
That's all for today. Check back tomorrow for your Wednesday briefing.