Link: Budget special
The child trust fund, launched by Gordon Brown today, will be open to ‘every child born from today, from this year and every year’ and will be available to them once they reach the age of 18.
The chancellor said the fund would align payments to the school year and the government would make back payments to funds from September of last year.
The endowment will be of at least £250 per year with additional payments each year. Parents and grandparents will also be able to contribute to the fund.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy