Motorists could be stung with significantly higher car tax after the government suggested it could bring it back in line with C02 emissions to hit owners of the dirtiest models hardest. A call for evidence on Vehicle and Excise Duty, buried deep in today’s Budget document, has criticised the decision in 2017 to introduce a … Read more
High earners get pension tax relief boost in the Budget to fight NHS crisis stopping doctors working Most doctors will no longer be hit by tax bills due to the hated ‘taper’ Changes to pension tax rules will benefit other high earners But those on £300k plus will see tax relief slashed further to £4k … Read more
Doing it for the kids! Budget hands young savers a boost as Junior Isa allowances more than double to £9,000 from April Junior Isas were introduced in 2012 and replaced Child Trust Funds Both currently allow those aged under 18 to save up to £4,368 tax-free a year This will be upped by 106% in … Read more
Cheers! Chancellor FREEZES tax on beer, wine AND cider in major budget boost to stop pubs shutting during coronavirus crisis By David Wilcock, Whitehall Correspondent For Mailonline Published: 13:12 GMT, 11 March 2020 | Updated: 13:16 GMT, 11 March 2020 Drinkers will be raising a glass to Rishi Sunak after he stepped away from increasing … Read more
Chancellor’s £430m tax sting for shops – on same day that he offers a lifeline By Neil Craven, Financial Mail on Sunday Published: 23:46 GMT, 7 March 2020 | Updated: 23:46 GMT, 7 March 2020 The Government will this week try to halt a massive £430million tax refund to shop owners – at the same … Read more
Chancellor Sajid Javid last night announced that this year’s Budget, postponed ahead of the December election, will be held on 11 March. While much of the focus has been on the tearing up of Treasury rules and measures to try and ‘level up’ the rest of the country, there are a number of tax changes … Read more
George Osborne’s second home stamp duty surcharge has raised £6.6billion – but expert claims ‘arbitrary and unfair’ tax isn’t working and it is not just landlords who are losing out Former Chancellor George Osborne introduced 3 per cent surcharge in 2016 Treasury had a £2.9billion target for it of by the end of the 2019/2020 … Read more
End of the tampon tax: Chancellor Rishi Sunak will axe the unpopular levy on sanitary products in his first Budget Widely-unpopular levy will be axed when Britain exits the transition period EU law has prevented members from reducing rate below five per cent It treated tampons and sanitary pads as luxury items and not essential … Read more
Six years ago due to a situation which led to a dispute with an aggressive neighbour my husband and I became what is broadly termed as ‘accidental landlords’. An argument arose over a shared drive, as our neighbor thought that he could park where he chose thus blocking a turning point – this led to … Read more
Christian Candy is pictured above with Emily Compton. The luxury property developer has, I can disclose, just got the better of the taxman in the latest round of a protracted battle over almost £2 million stamp duty Among his greatest triumphs was selling a single Knightsbridge apartment for £100 million. But Christian Candy is now … Read more