Britain’s bill for the pandemic could hit £300billion and force tax rises, cuts to the state pension and a public-sector pay freeze, a Treasury document warns. A paper drawn up for Chancellor Rishi Sunak said the austerity-style policies – including drastic cuts to public spending and welfare – may have to be announced within weeks … Read more
The thorny subject of tax will be at the forefront of Government policy for years to come once Britain’s lockdown restrictions are lifted and the pandemic subsides. Taxpayers will be left bearing the brunt of the economic fallout from Covid-19, which has seen mass pay cuts, job losses, furloughing and vast loans dished out to … Read more
Why you should never assume the taxman is right: Half a million people forced to chase rebates last year By Miles Dilworth For The Daily Mail Published: 22:01 BST, 10 December 2019 | Updated: 09:26 BST, 11 December 2019 Switching jobs or being subject to changes in taxable benefits are common reasons why people might … Read more
As the Chancellor gives foreign workers fighting coronavirus tax breaks, a legal expert answers your questions: How does it work, how long will it last, and is it right? By Helen Jones For This Is Money Published: 14:45 BST, 29 April 2020 | Updated: 14:48 BST, 29 April 2020 On Thursday 9 March, Chancellor Rishi … Read more