Speculation about a post-election rise in value added tax (VAT) has been fuelled by a new report showing Britain has the fourth-lowest rate in the European Union.
Fuel duty is a thorn in the side of all motorists as well as a political hot potato. Fuel prices are at record levels and with an Election around the corner motorists’ votes will likely be swayed by party policy on fuel duty. So which party has historically taxed petrol the...
Around 120,000 customers hit by the collapse of the Christmas hamper firm Farepak have been offered an estimated 15p for every pound they lost. The amount is three times what they were expecting to receive, but at a total of around £4m ($6.2m) it is well below the £38m they...
The UK economy continued to recover from recession in the first three months of the year, according to official estimates. GDP grew by 0.2% between January and March, the Office for National Statistics (ONS) said. That was weaker than the 0.4% growth predicted by many economists, but the figure may...
Given the ongoing concerns about inflation/interest rates, today’s 3 quick links help to shed a bit more light on the issue and how it affects you (ok there are four...
“The elephant was banished yesterday and the day before at the Labour and Tory launches. We don’t think you can banish it, you have to confront it – and I guess I’m the elephant man.” - Vince Cable British politics meets Alice in Wonderland at the launch of the Liberal...
The Telegraph reports that a taxpayer who paid too much tax to HM Revenue & Customs has been fined £1,400 for making a mistake when he asked for a rebate.
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