TV licence payments must be met by more people going forward as free licences were removed for over 75s unless they are in receipt of Pension Credit. This was a move which created much controversy, leading to many calling for the fee to
The Chancellor will outline his economic recovery plan in the House of Commons on Wednesday afternoon. The coronavirus pandemic and three national lockdowns have sent public sector debt to a record-high of £2.1trillion. Government borrowing has also reached a peace-time high of £270.6billion,
And Daniel Kawczynski, Tory MP for Shrewsbury and Atcham, said action was desperately needed – largely as a result of “selfish” litterbugs “with no manners”. Mr Sunak will unveil his financial strategy for 2021 during an eagerly awaited statement in the House
Chancellor Rishi Sunak will announce his Budget on Wednesday, and while some details of tax rises are clear, others are wondering whether they could also be hit. One group that has been warned of incoming tax hikes is the self-employed, who are
Self-employed workers have had to deal with many changes during this pandemic and additional alterations are due over the coming months. In light of this, backinbusiness.org.uk has written to Rishi Sunak and outlined costed policies that would “rebuild small businesses and the
Conservative MP Kevin Hollinrake wants the Chancellor to consider radical measures to help pay for care in old age. The veteran campaigner for social care reform believes a model similar to that in Germany is necessary to address the long term issue.
PERSONAL TAX ALLOWANCES have been branded the “easiest target of all” as speculation mounts about what Chancellor of the Exchequer Rishi Sunak will announce in his Budget statement on Wednesday.
In great news for restaurant owners and pub-goers alike, VAT is likely to remain at just five percent until at least June. The low tax rate could even be extended until the end of the year. The hospitality sector saw the low
Furlough is just one of the topics which is on the Chancellor of the Exchequer Rishi Sunak’s agenda, as he is now just days away from delivering his economic plan in the annual Budget. This year, the Chancellor is tasked with steering Britain
Rishi Sunak questioned by Marr over election manifesto promises And Mark Littlewood, director of the Institute of Economic Affairs (IEA) has warned the chancellor against increasing the tax burden dramatically, suggesting such an approach could backfire – and make the situation even