Business and Tax News - By Cat Simmons

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August 18th 2019
Tax Week 20
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NEWS By Cat Simmons - Contact: cat.simmons@geekycoders.com

23 Million People Pay No Income Tax, 43 Percent of All Adults

PERSONAL TAX

23 Million People Pay No Income Tax, 43 Percent of All Adults

A new IFS report reveals some startling statistics about the spreads of income in the UK and what being in the top one percent means.
HMRC Revises Rates After Bank of England Interest Rate Increase

PERSONAL TAX

HMRC Revises Rates After Bank of England Interest Rate Increase

Increase of BOE rate to 0.75 percent from August 2nd will affect interest charges on payments to HMRC.
Flash Car But Cannot Prove Income?

PERSONAL TAX

Flash Car But Cannot Prove Income?

Taxman gains new powers to investigate unexplained wealth.
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