Council tax will raise an extra £7.5bn a year after Rishi Sunak move

Council tax is on track to raise an extra £7.5billion a year after Rishi Sunak gave town halls permission to put bills up by 5 per cent. The government’s watchdog has estimated that the levy bring in another £1.8billion next month, suggesting two thirds of authorities will take advantage of the new freedom. And by … Read more

Council tax will raise an extra £7.5bn a year after Rishi Sunak move

Council tax is on track to raise an extra £7.5billion a year after Rishi Sunak gave town halls permission to put bills up by 5 per cent. The government’s watchdog has estimated that the levy bring in another £1.8billion next month, suggesting two thirds of authorities will take advantage of the new freedom. And by … Read more

Rishi Sunak to raise income tax, corporation tax and place levy on online deliveries after Covid

Rishi Sunak could launch a tax raid on online businesses – including a green tax on deliveries – as part of plans to replenish the country’s coffers in the wake of the Covid pandemic. The Chancellor is reportedly looking to ‘level up the playing field’ between online and high street businesses as part of a series … Read more

Only Fools And Horses’ ‘lost’ episode would have seen Del Boy raise glass to his retirement

The finale of Only Fools And Horses would have seen millionaire Del Boy celebrate his retirement in the Nag’s Head.  John Challis, 78, who played the wheeler dealer’s nemesis Boycie, explained that the ‘lost episode’ was supposed to mark the hit comedy show’s 30th anniversary. However the sitcom’s writer John Sullivan sadly died in April … Read more

How Rishi Sunak can raise revenues without wrecking the Covid recovery

Rishi Sunak’s £400bn balancing act: With the Budget fast approaching, here’s how the Chancellor can raise revenues without wrecking the Covid recovery By Douglas Mcwilliams Founder Of The Centre For Economic And Business Research Published: 22:06 GMT, 17 February 2021 | Updated: 22:06 GMT, 17 February 2021 The last new tax proposed by an economist … Read more

Ministry of Justice says there are no plans to raise age of criminal responsibility in UK

The Government today said there are no plans to raise the age of criminal responsibility after the head of the Crown Prosecution Service (CPS) raised debate over whether 10 is too young.  Director of Public Prosecutions Max Hill QC was being interviewed by a 10-year-old  in a podcast when he expressed concerns over the existing … Read more

DAVID DAVIS: Rishi must NOT raise taxes. He should be bold and CUT them like Reagan 

The mutterings that keep emerging from the Treasury about increasing taxes to balance the books are economically incomprehensible. Such action would not only be wrong, it would be completely counter-productive. We Tories must be honest with ourselves and with the public: There is no way we can balance the costs of the crisis in the … Read more

Coronavirus recovery: Even Keir Starmer doesn’t want to raise taxes and warns against austerity

Sir Keir Starmer has warned that tax rises and austerity risk ‘choking off’ a rapid economic revival after the coronavirus pandemic. The Labour leader said he wanted to model the UK’s recovery on Clement Attlee’s post-Second World War strategy to restore Britain’s ‘backbone’.  ‘In the short term, you don’t balance the books and you don’t … Read more

VCTs raise more than £30m in one week as investors rush to tax-efficient investments

As is usual at tax year-end, investors are rushing to venture capital trusts to invest in some of the UK’s best up-and-coming businesses. The total amount raised by VCTs this tax year so far stands at £360million, a 1.2 per cent increase compared to this point last year, and that’s despite the backdrop of Covid-19. … Read more

Amte Power seeks listing to raise funds for battery cell tech development

Amte Power seeks stock market listing to finance its development of battery cell tech for use in cars and the energy industry Thurso-based Amte Power has said it would like to raise around £7million Amte Power is one of the UK’s only five commercial battery cell producers  Ultra High Power, Ultra Safe and Ultra Prime … Read more