Business and Tax News - Income Tax

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July 13th 2020
Tax Week 15
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INCOME TAX - NEWS

Incoming Tax Cuts From April 2020 Confirmed

PERSONAL TAX

Incoming Tax Cuts From April 2020 Confirmed

Both employed and self employed to benefit from increase to the primary threshold for national insurance contributions.
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Income Tax Take Increased By 25 Percent In Ten Years

PERSONAL TAX

Income Tax Take Increased By 25 Percent In Ten Years

Treasury cash intake from income tax has risen by nearly 40 billion pounds in ten years.
European Nationals Pay More Tax Than Claimed In Benefits

WELFARE

European Nationals Pay More Tax Than Claimed In Benefits

Newly released statistics show overall tax credits and child benefit claims for UK and non-UK EEA nationals.

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