One million people set to receive £50 payment from HMRC – here’s how to not miss out
Letters sent by HMRC entitling UK residents with tax relief payment His Majesty’s Revenue and Customs (HMRC) department has sent out letters to roughly one million UK residents, entitling them to £53 on average. The government department charged with tax collection and financial state support is writing to low income individuals who have missed out […]
1 month ago
How Andy Burnham’s potential 10% ‘death tax’ could affect your family
Andy Burnham is considering a “death tax” to raise billions for social care With Andy Burnham at the helm, change is in the air as he continues to implement a string of new policies. One proposal which has been floated is the idea of a “death tax” as a way of funding ambitious new social […]
2 months ago
Barclays profits soar as Andy Burnham is urged to launch a bank tax raid
What Barclays reported Prime Minister Andy Burnham has been urged to launch a tax raid on UK banks after Barclays revealed a near-30% jump in its half-year bonus pool on the back of soaring profits, with the TUC arguing the lender “can easily afford to pay more tax”. Corporate filings released on Tuesday showed Barclays […]
2 months ago
Reform’s Richard Tice reportedly failed to pay £100,000 in tax
The Reform Deputy Leader has responded to reports Reform UK’s Deputy Leader Ricard Tice allegedly failed to pay £100,000 in corporation tax, according to reports in The Sunday Times. The outlet reports that Tice failed to pay tax on any profits made from of his four shell companies between 2020 and 2022. The shell companies […]
6 months ago
UK city to start charging people living in vans council tax
Here’s what this means for van dwellers In order to tackle rising numbers and growing tensions, a city in the UK is going to start charging van dwellers council tax, it has been revealed. According to ITV, locals in Bristol are getting frustrated as the housing crisis is creating a new crisis on the streets, […]
8 months ago
Brexit costing UK as much as £90bn in lost tax revenue every year, analysis finds
The analysis also found that the average Briton has seen a hit to GDP per head of between £2,700 and £3,700 Brexit is costing the UK up to £90bn in lost tax revenues every year, according to new analysis. This week, Rachel Reeves delivered her autumn budget in which she announced £26bn in tax rises. […]
11 months ago