Household spending has slumped to a new two year low. The fragility of consumer spending, even before the full of effects of public spending cuts have been felt, means an imminent rise in interest rates is unlikely.
The OECD though, …
Income taxes are the area of tax most people come into contact with on a regular basis. Usually it involves paying tax on money you earn from being employed.
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Base rates are expected to remain at 0.5 percent amidst predictions that people’s spending capacity will fall for the fourth year in a year; the first time to happen since the 1870’s.
Deloitte’s economic advisor Roger Bootle says that an …
The biggest government financial surplus for more than 2 years has been recorded as healthy income tax receipts last month swelled the treasury’s coffers.
The figures were better than the City had predicted and put the government on course to …
Wealthy foreigners are being encouraged to migrate to the UK in an effort to make Britain a desirable destination for rich migrants.
After a move to restrict the number of non EU workers coming to live in the UK, home …
HMRC have had substantial problems implementing a new system to administer PAYE codes, it has emerged via an appendix to the department’s 2009-2010 accounting.
It has been estimated that there are 18.2 million unresolved cases involving PAYE coding notices and …
April is of course the month that heralds the new tax year. Along with the submission of year-ends and the distribution of P60’s there’s also new tax-free allowances.
All workers in Britain can now earn £5435 a year without paying …