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Tuesday 9th October 2007
Tax credits attacked The system of tax credits is 'flawed' and is not aiding the low income families that it was designed to help, according to the parliamentary ombudsman. The report, Tax Credits: Getting it Wrong?, ...
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Wednesday 3rd October 2007
Brits face inheritance tax shock An increasing number of Brits are ignoring advice to protect themselves against inheritance tax (IHT) - and could face a bill that will shock them in the event of the death of a loved one as a resu... |
Tuesday 2nd October 2007
Stamp duty revenue rises by 40 per cent Homebuyers paid out a record-breaking £6.4 billion in stamp duty in 2006/07 - a rise of 40 per cent, or £1.6 billion, on the previous year. According to figures from Halifax, in the last... |
Thursday 13th September 2007
Seek advice on tax, urges CIOT People who do not understand or have a problem with their taxes should not be shy to seek information and advice, a spokesperson for the Chartered Institute of Taxation (CIOT) has said. Research c... |
Wednesday 22nd August 2007
Pay as you throw? Household bins could be fitted with microchips to calculate how much waste hoseholds produce, under new plans for a 'pay as you throw' waste scheme. Different sized rubbish bags or bins that custo... |
Wednesday 15th August 2007
Plan ahead for inheritance tax House price inflation and growing personal wealth mean that more and more people are being hit by inheritance tax, according to financial research company Defaqto. According to research by Scottis... |
Wednesday 25th July 2007
Consumers say no to green taxes Half of all Brits are not willing to pay more tax to help the environment, according to a new survey by unbiased.co.uk and YouGov. The poll showed that 50 per cent would be unhappy if they were ask... |
Thursday 19th July 2007
Taxpayer "exposed" by British Energy restructuring UK taxpayers were left "exposed" by the restructuring of British Energy five years ago, an influential parliamentary committee has said. According to the public accounts committee (PAC) ... |
Thursday 12th July 2007
Taxing unhealthy foods 'could save lives' Adding value-added tax (VAT) to unhealthy foodstuffs could improve Britain's health, medical experts have claimed. Researchers from Oxford and Nottingham universities have published a study in to... |
Thursday 12th July 2007
Lib Dems announce 4p tax cut plans The Liberal Democrats have said that they would slash the basic rate of income tax by four pence if they were elected to form a government. Unveiling the proposals the party stressed that the tax ... |
Friday 6th July 2007
Tax collectors' one million mistakes Britain's tax collectors are asking around one million people to pay the wrong amount of income tax, a National Audit Office (NAO) report has shown. The spending watchdog reveals that administrati... |
Tuesday 26th June 2007
VAT court defeat for mobile firms Some of the world's biggest mobile phone firms have lost out in a multi-million pound VAT claim in the EU's highest court. Hutchison, T-Mobile and Orange had argued they should be repaid £3 b... |
Friday 1st June 2007
New measures to stop carousel fraud Changes to the UK's tax system have come into force in an effort to clamp down on VAT fraudsters. From today onwards retailers selling mobile phones and computer chips will pay the associated VAT ... |
Monday 21st May 2007
UK budget back in the black The public sector purse showed a surplus in April as a growth in value-added tax (VAT) payments helped shift the UK's finances back into the black during the first month of the new fiscal year. Fi... |
Thursday 10th May 2007
Own up to offshore accounts now HM Revenue & Customs (HMRC) is encouraging investors to disclose any money hidden in overseas accounts now before the serious crackdown on tax dodgers starts on July 9th. Taxpayers will be giv... |
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Tax
News that Alex Salmond, the leader of the ruling SNP in Scotland, has been somewhat liberal with his recent comments about housing budgets and assistance has caught the attention of opposition... 
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