Rishi Sunak shares the ‘big difference’ between a National Insurance and Income Tax hike
THE CHANCELLOR RISHI SUNAK has defended the Government’s decision to raise National Insurance payments, but has ruled out any increases to Income Tax. Daily Express :: Finance Feed
Britons face ‘significant drop in income’ as furlough and Universal Credit uplift ends
BRITONS are set to face a “significant drop in income” after the Government’s furlough scheme and £20 per week uplift to Universal Credit comes to an end later this month. Formally known as the Coronavirus Job Retention Scheme, the furlough scheme is set to end on September 30, 2021. During his Budget announcement earlier this […]
‘Horrendous’ income tax changes to hit GPs – 1000s to ‘opt out of the NHS pension scheme’
TAX RULES are set to change over the coming months as the Government attempts to simplify the tax system. The state is planning a broad overhaul of the system as a shift to digital processes are prioritised. While well intentioned, new analysis highlighted already struggling GPs are to be hit. Daily Express :: Finance Feed
Briton steals £40k from incapacity benefit, income support & council tax benefits
BENEFIT fraud issues continue to plague the Government but despite this, an anti-fraud scheme run by the Cabinet Office has prevented billions from being stolen. While the state can do what it can, regular households can also help tackle fraudulent activity. Daily Express :: Finance Feed
When should you retire? Britons urged to take action to ensure income ‘adds up’
RETIREMENT can be a difficult decision to make – both financially and emotionally, but there are ways for Britons to make this choice easier. Daily Express :: Finance Feed
State pension rule changes could mean you suffer ‘income shock when partner dies’
STATE PENSION changes are likely to catch people out, and lead to a double shock of missing out on income as well as losing a partner. Daily Express :: Finance Feed
Income Tax mapped: How the UK stacks up against countries across Europe
INCOME TAX must be paid on most types of earnings and income a person receives, but there is disparity when it comes to different countries across Europe. Daily Express :: Finance Feed
Inheritance tax grab: Sunak could target ‘property, capital gains and personal income’
INHERITANCE TAX has been put forward as a potential target for Rishi Sunak’s tax raid as an expert warns a number of routes could be taken by the Chancellor. Daily Express :: Finance Feed
Tax warning: Basic-rate taxpayers may now be hit by ‘high income’ tax charge
TAX must be paid in a variety of ways, from Income Tax to Value Added Tax . Another way in which the Government generates money from taxpayers is via the High Income Child Benefit tax Charge . Daily Express :: Finance Feed
Carer’s allowance can boost NI credits and protect state pension income – full details
CARER’S allowance is a state benefit designed to support those who care for someone else for at least 35 hours a week. On top of the benefit payments, carer’s allowance can also provide support in other areas such as protecting state pensions. Daily Express :: Finance Feed