Government needs to set up task force for young people
With the numbers of those out of work growing by the day and many of them young people, a…
Browsing: tax
UK workers prepared to pay extra 4% income tax to fund pandemic bill
Over three-quarters (77%) of UK workers are willing to pay extra income tax to fund…
MPs encouraged to probe value for money of tax reliefs
The Chartered Institute of Taxation (CIOT) welcomes the Public Accounts Committee opening a new inquiry…
Higher earners mull options as tax hikes and slashed perks loom
Higher earners in the UK are increasingly reviewing and revising their tax planning strategies as…
Government sees huge plummet in tax receipts
Tax received by HMRC falls 42% in April, compared to a year ago, figures out…
Expats hit with tax planning complications due to lockdowns
Many expats are likely to face “unexpected tax complications” because of the lockdown restrictions, warns…
Leaked tax rise ‘shopping list’: Botched tax rises could kill the economy
Following the news on Treasury documents detailing plans for a rise in income tax, Nigel…
Pension freedoms overtaxation bill hits £600m
Pensioners overtaxed on their first pension freedoms withdrawal of the tax year have now reclaimed…
HMRC begins to feel coronavirus effects
HMRC statistics released this morning show that the total receipts of HMRC in the 2019/20…
Salary donations to COVID-19 causes could be hit by benefit in kind tax
Urgent clarification is needed from HMRC on how it intends to view people giving up…
