Among initiatives to achieve this, Balls said the government plans to
harmonise tax treatment of some
financial instruments with conventional financial products by the summer
‘Today, I am able to set out the next stage in our reforms to ensure the tax
and regulatory system will encourage the development of sharia compliant
products,’ Balls said.
The legislative summer recess typically starts in June or July.
It is estimated that the sukuk market is worth over £20.4bn and is now
starting to attract non-Muslim investors.
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
The SME community voices concern about the chancellor's measures in the Spring Budget
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals
One of the bigger announcements of the final Spring Budget is the raising of Class 4 NICs for the self-employed