Chancellor Alistair Darling has just delivered his Budget and the key points for the man in the street are as follows:
Plans to give everyone in the UK a bank account – reaching 1m people who are currently not entitled
There will be a 1p increase in National Insurance contributions but “it will not affect those earning [...]
Chancellor Alistair Darling will today deliver what many believe to be his final Budget and he is under pressure to reduce the country’s deficit, cut public spending and raise more revenue.
Tax is, of course, the way to go about raising that revenue. And income tax is always key. So what can we expect?
IFAonline.co.uk expects there [...]
Opinion is divided over whether or not Chancellor Alistair Darling will raise Income Tax in the last Budget before the General Election.
There is concern about the huge gap between the 50% tax rate for those earning over £150,000 and the current 18% Capital Gains Tax rate, which is causing some to convert income into capital, [...]
As things heat up on the campaign trail in the run up to the General Election in May and Labour prepares for the Budget on March 25th, income tax – indeed tax in general – is a key talking point.
Many commentators are predicting an ongoing rise in tax to battle the UK’s massive deficit and [...]
