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Personal Tax

Employers reminded of possible tax errors in April payslips

Employers and employees are being reminded that there could be some errors with the new PAYE tax codes that have been issued by HM Revenue and Customs (HMRC).

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Pension contributions declined during recession

The arrival of the recession in 2008 resulted in a drop in overall pension contributions, the first since records began in 1995.

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Call to drop fuel duty increases

Planned rises in fuel duty should be scrapped, a business group has urged.

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Reform the tax system to 'rebalance' the economy

The UK’s tax regime requires a major overhaul if the economy is to be balanced and competitive.

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Budget 2010: an overview

“This will be a Budget to secure the recovery, tackle borrowing and invest in our industrial future” was how the Chancellor, Alistair Darling summed up the last Budget before the next general election.

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Chancellor says Budget will not offer a 'giveaway'

Alistair Darling has said that the upcoming Budget won’t be delivering a pre-election giveaway.

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Call for Budget to 'review' flat rate VAT

The government has been urged to look at the issue of flat rate VAT charges in the forthcoming Budget.

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The retired facing 'complex' tax regime

The tax system for people in retirement has been described as being too complex, and, as a result, too many older people overpay their taxes.

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Broadband tax would be 'regressive' say MPs

Plans to introduce a broadband tax of 50 pence a month on all fixed-line phones have been criticised by a House of Commons committee.

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Tax date likely to see increase in deferred payment requests

The government’s scheme to help businesses that are struggling to pay their tax bills could see a rise in requests to delay payments as the self-assessment date approaches.

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