Business and Tax News - Tax

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April 25th 2024
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TAX - NEWS

The Effects of Freezing Tax Thresholds Until 2028

PERSONAL TAX

The Effects of Freezing Tax Thresholds Until 2028

Rampant inflation and frozen tax thresholds combine to 'drag' people into paying more tax - a 'fiscal drag' process that started in 2021.
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Chancellor May Be Able To Lower Taxes If Lower Borrowing Continues

UK BUDGET

Chancellor May Be Able To Lower Taxes If Lower Borrowing Continues

Next General Election due before Jan'25 and Labour currently ahead in polls - would Hunt be able to use tax cuts to sway voters?
HMRC Collects Almost 800 Billion Pounds In Taxes

GENERAL

HMRC Collects Almost 800 Billion Pounds In Taxes

Published accounts for the Taxman reveal a 10 percent increase in tax collected as well as other interesting insights.
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