Business and Tax News - Tax

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May 5th 2024
Tax Week 5
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TAX - NEWS

Quarter of a Million Early Birds This Tax Season

TAX RETURN

Quarter of a Million Early Birds This Tax Season

Start of the new tax year back in April saw 250,000 people file in the first week!
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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.
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?
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