One might have thought that after 17 major announcements since lockdown, Rishi Sunak has said everything there is to say about the economy. Not a bit of it. Today sees the launch of Tax Policy & Consultations Day, or TPAC as the accountants call it. The idea is to bring together in one co-ordinated package … Read more
‘Tax Day’ is a newly-introduced date in the financial calendar scheduled for tomorrow, when consultations on future tax raids could be revealed. Traditionally this is done at the Budget, but this year the Treasury decided to announce some extra business separately, ‘to allow for more transparency and scrutiny’. The Government has already unveiled one bit … Read more
Chancellor Rishi Sunak delays decision on online sales tax until autumn amid hope of global tax reform By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 March 2021 | Updated: 21:50 GMT, 21 March 2021 Chancellor Rishi Sunak has delayed a decision on an online sales tax until the autumn amid hope of … Read more
Billionaire tax exiles, an oil-rich nation and Saudi royals have claimed millions of pounds under the furlough scheme, an investigation reveals. The super-rich owners made the ‘obscene’ claims for taxpayers’ cash for staff who were sent home after their businesses, which include the Ritz Hotel and Harrods department stores, were closed under coronavirus restrictions. The cost … Read more
Lisa Vanderpump and her husband Ken Todd are just one of many sets of restaurateurs who have experienced financial setbacks on account of the COVID-19 pandemic. Despite being a famed Real Housewife of Beverly Hills who indeed lives a life of luxury, the 60-year-old reality star was forced to close her bistro Pump last year … Read more
Former Conservative MP John Lee is one of the most enthusiastic investors I’ve ever had the privilege of meeting. Now a Liberal Democrat life peer with the rather grand title of Baron Lee of Trafford, the 78-year-old remains as passionate about investing as he has ever done – and he has considerable investment clout. In … Read more
Waterstones boss James Daunt says retailers ‘acting in their own self-interest’ by opposing online tax – warning it is last chance to save high streets By Neil Craven, Financial Mail on Sunday Published: 21:50 GMT, 13 March 2021 | Updated: 21:50 GMT, 13 March 2021 Waterstones chief executive James Daunt said big retailers are ‘acting … Read more
Average council tax bill will top £2k for millions of households next year as payments are set to rise by 4.3% Typical fee in England is set to rise by £78.31 – or 4.3 per cent – next year Average band D property in North East and South West could pass £2,000 a year Major … Read more
Average council tax bill will top £2k for millions of households next year as payments are set to rise by 4.3% Typical fee in England is set to rise by £78.31 – or 4.3 per cent – next year Average band D property in North East and South West could pass £2,000 a year Major … Read more
Middle-class families who have been caught out by the freeze in income tax thresholds could save hundreds of pounds by boosting their pensions. The number of Britons paying the higher rate of income tax will soar from four million to five million by 2026, following Rishi Sunak’s Budget. The higher 40 per cent rate will … Read more