HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MOREUK Treasury proposes plan to cut extra £400 off fuel costs, the Times reports
UK finance minister Nadhim Zahawi has asked officials in the exchequer to work on a multibillion pound package that could lead to an extra 400 pound ($485.20) cut in energy bills, the Times reported on Saturday.
According to the newspaper, the chancellor is working for a proposal for government-backed lending schemes for suppliers which would result in a reduced energy price cap from January.
The new proposal will change how the country's energy regulator Ofgem determines the level at which the price cap should be set by removing an allowance that suppliers charge consumers, the newspaper said.
Read more at Reuters
Previous
Ban for de facto director of African gold trading investment scam
Next
Brits in EU slide into Brexit banking limbo as Barclays, Lloyd’s and Halifax shut their accounts
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 MORE
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