Business and Tax News - May 2023

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Business and Tax News For May 2023 by the UK's number one tax calculator website!

Growing Number of People Filing Tax Returns Early

19 May 2023 12:42pm

TAX RETURN

Growing Number of People Filing Tax Returns Early

Numbers of people opting to get tax returns filed on literally the first day of the new tax year doubled in the last 5 years!

2,496 views

Queen Elizabeth II Funeral Cost Compared To Other State Funerals

18 May 2023 3:39pm

GENERAL

Queen Elizabeth II Funeral Cost Compared To Other State Funerals

HM Treasury reveals the cost of the Queen's funeral at £161.7 million. How does this compare to other notable funerals in British history?

1,966 views

Higher Rate Taxpayers Have Increased Five Fold Over 30 Years

16 May 2023 8:05pm

PERSONAL TAX

Higher Rate Taxpayers Have Increased Five Fold Over 30 Years

In 4 years time approximately a fifth of all taxpayers will be subject to the 40 percent higher rate of tax.

2,177 views

11 May 2023 2:13pm

GENERAL

Bank of England Raises Base Rate To 4.5 Percent

1,868 views

9 May 2023 12:43pm

PERSONAL TAX

Tax Cuts Possible With Lower Than Expected Government Borrowing

1,832 views

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