Labour backs ‘wealth tax’ on assets as part of a ‘new settlement’ to help the UK recover from coronavirus crisis By James Tapsfield, Political Editor For Mailonline Published: 16:12 BST, 3 July 2020 | Updated: 20:31 BST, 3 July 2020 Labour has backed the idea of a wealth tax to help the UK recover from coronavirus … Read more
Sir Alec Reed is founder of Reed, one of the most familiar names in recruitment. He started the business in Hounslow in 1960 and was knighted in 2011. Below, he outlines a five-point plan to get Britain back to work – including a 35-hour working week and basic income tax to be scrapped. Before beginning … Read more
Pub landlords in Nottingham will ask patrons to provide council tax bills to prove they aren’t from Leicester as bars outside the lockdown limits are told to brace for ‘Super Saturday.’ Police have advised landlords across the city, which is 30 miles north of Leicester, to prepare for a rush of customers from the locked … Read more
War has been declared on polluting petrol and diesel vehicles, and motorists can expect to pay more and more to keep driving them. So is it time to turn your back on fossil fuel? How much do electric cars cost to run, and could you really run out of power on the motorway? Money Mail … Read more
Senior staff at our firm were asked to take pay cuts of up to 20 per cent. Mine took me back into the basic rate income tax bracket. What happens to my pension contributions on which I was benefiting from higher rate relief? Pension impact: I took a pay cut and I’m back to paying basic … Read more
Heather Rogers: ‘Depending on the amount of political pressure applied via parliament, there may be an argument for not taxing these payments at all’ Heather Rogers, founder and owner of Aston Accountancy, explains what women receiving thousands of pounds in state pension arrears should tell the taxman. If you were unfortunate enough to be underpaid … Read more
David and Denyse Vallender: ‘It’s a monumental government blunder,’ he said after she received £21,700 The Government is being pressed not to ‘add insult to injury’ by landing women underpaid massive sums in state pension with unfair tax bills. Denyse Vallender, pictured right with husband David, was handed £21,700 due to government bungling, while Allison Clark … Read more
Cabinet minister Robert Jenrick pushed through a decision to allow a Tory donor’s £1billion housing development to allow him to save tens of millions of pounds in tax, documents tonight appear to show. The Housing Secretary tonight finally bowed to pressure to release correspondence over his role in the ‘cash for favours’ row involving Richard … Read more
Putin raises income tax from 13% to 15% for wealthy Russians on more than £58,000 to pay for coronavirus measures Putin said the tax increase would bring in 60billion roubles (£700million) It is the first tax hike on wealthy Russians since flat tax was introduced in 2001 Russia faces its worst economic crisis since 2009 … Read more
Ukip picks Freddy Vachha, a tax consultant who lists ‘Nazi Germany’ and the ‘Belgian Congo Holocaust’ among his hobbies as its new leader Freddy Vachha warned ‘sinning’ Westminster politicians to ‘watch out’ Gave first speech in front of the statue of Winston Churchill outside Parliament He is Ukip’s sixth leader in four years as it … Read more