A beginner’s guide to the taxes you’ll hear about this election...
National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many...
READ MOREBoris Johnson's tax plans face squeeze as public finances worsen
The scope for significant tax cuts in the new government’s budget has been reduced after gloomier predictions for the public finances from the Treasury watchdog showed higher levels of public borrowing and a deterioration in the British economy.
The Office for Budget Responsibility (OBR) warned that government borrowing was on course to be about £20bn higher than previously expected in each year to 2023-24, dramatically cutting the government’s room for manoeuvre after Boris Johnson’s election victory.
Read more at the Guardian.
Previous
BoE: UK lenders can withstand disastrous recession
Next
Tax defaulters owe £22m after 30% increase
With bitcoin hitting new highs, it’ll likely reach the US$100,000...
Cryptocurrencies are surging again. Bitcoin has just hit an all-time high of more than US$72,000 (£56,300), pushing...
READ MORE
HMRC backflips on helpline closure announcements
HMRC has backflipped on this week's announcement that long periods of shutdown for self-assessment and VAT helplines,...
READ MORE