Business and Tax News - May 2023

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May 8th 2024
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BUSINESS AND TAX NEWS - MAY 2023

Growing Number of People Filing Tax Returns Early

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!
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Queen Elizabeth II Funeral Cost Compared To Other State Funerals

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?
Higher Rate Taxpayers Have Increased Five Fold Over 30 Years

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.
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