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....Administrative and support services - 37%. Financial and insurance - 32%. ... [Read full article on BBC ]
Friday 24th of March 2017 08:56:39 AM
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....For the first six weeks after the birth, women in the UK get 90% of their previous pay, but that drops to £140 a week – or continues at 90% if that is lower – for the next 33 weeks. Tax and national insurance are deducted. ... [Read full article on Guardian ]
Friday 24th of March 2017 12:01:18 AM
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....9m last year. The insurance group said the fall, which included a £1. ... [Read full article on Guardian ]
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Latest Finance News related to Insurance

Robots to affect up to 30% of UK jobs, says PwC image
Source : BBC [Read Article] Friday 24th of March 2017 08:56:39 AM
....Administrative and support services - 37%. Financial and insurance - 32%. ...
Britain trails most of Europe on maternity pay, says TUC image
Source : Guardian [Read Article] Friday 24th of March 2017 12:01:18 AM
....For the first six weeks after the birth, women in the UK get 90% of their previous pay, but that drops to £140 a week – or continues at 90% if that is lower – for the next 33 weeks. Tax and national insurance are deducted. ...
Driver warning: Four out of 10 motorists losing hundreds of pounds with THIS mistake image
....Motorists are overpaying a collective £2. 73billion a year on insurance, with around 40 per cent of drivers auto-renewing with their existing provider when they receive their renewal letter, according to Moneysupermarket. ...
Number of women working past 70 in UK doubles in four years image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 01:05:53 PM
....”. Many women also do not get the full state pension because of gaps in their national insurance contributions, caused by career breaks to raise children or to care for elderly relatives. ...
Why robots should be taxed if they take people's jobs | Robert Shiller image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 11:18:12 AM
....A moderate tax on robots, even a temporary tax that merely slows the adoption of disruptive technology, seems a natural component of a policy to address rising inequality. Revenue could be targeted towards wage insurance, to help people replaced by new technology make the transition to a different career. ...
What everyone assumes about rights in the gig economy is wrong | Jason Moyer-Lee image
.... Indeed, were an employer to deny workers this flexibility we would instead argue that they were employees, as we do in our most recent test case on behalf of in-house couriers at The Doctors Laboratory (for which we are currently crowdfunding). Given that employee status comes with more rights as well as employer deductions for tax and national insurance, I hardly think these companies would want to play with that fire. ...
Time to make a noise over Rias’s silent calls image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 07:00:28 AM
....Please help to get insurer Rias to stop hassling me with silent phone calls. My home insurance is up for renewal and, in the past, I have contacted the company to get a quote. ...
The women still working into their 70s image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:06:12 AM
.... . Despite changes to the state pension for new retirees, many women have not qualified for the full payout owing to gaps in their national insurance contributions during career breaks to bring up children or other reasons. ...
The last call for savers to cash in on tax relief image
Source : Daily Express [Read Article] Wednesday 22nd of March 2017 12:01:00 AM
.... . Chancellor Philip Hammond has identified pensions as “top of his list” to raise funds after his recent U-turn on national insurance increases. ...
MP warns of housing strain caused by holiday lets image
Source : BBC [Read Article] Tuesday 21st of March 2017 05:22:50 PM
....". Ms Buck said one constituent, whose neighbour rents out their flat on a short term let breaching insurance and lease, told her: "I really hate the idea of our house turning into a hotel, our front door key in a stranger's hand. ...
Reality Check image
Source : BBC [Read Article] Tuesday 21st of March 2017 12:18:54 AM
....The ONS uses the amount that you would have to pay to rent a property as a proxy for owner-occupier housing costs. The argument is that if mortgage costs go up or house insurance goes up, rent will also go up. ...
NHS trust triples injury payout to £9.3m under controversial new rules image
....3m. The case, involving East Lancashire Hospitals NHS trust, will send fresh shockwaves through the NHS and insurance companies, which have been braced for big increases in claims since the new “Ogden” formula was announced last month. ...
Car insurance prices set to jump by up to £1,000 from TODAY image
Source : Daily Express [Read Article] Monday 20th of March 2017 03:02:00 PM
....Young and old drivers are expected to be worst impacted and face paying hundreds of pounds more for policies, as they cause the extra costs for payouts, according to experts. Motorists under 22 could see insurance rocket by up to £1,000 and those over 65 could pay up to £300 more as a direct result of today's changes, accountancy firm PwC predicted. ...
MPs debate £1,200 cap on insurance costs for young drivers image
Source : BBC [Read Article] Monday 20th of March 2017 12:01:54 PM
. MPs are debating whether car insurance costs for young people between the ages of 18 and 25 should be capped at £1,200 a year. ...
How can I leave my job in ad-land and use my skills to do good? image
Source : Guardian [Read Article] Monday 20th of March 2017 07:00:30 AM
....I’m a strategic planning director at a large advertising agency, with 10-plus years’ experience, primarily in global fast-moving consumer goods (FMCG). I feel I am wasting my life selling rubbish to people who don’t need another variant of shampoo, another type of insurance or another format of a painkiller. ...
PM backs plans to overhaul workers' rights to reflect gig ecomomy image
Source : Guardian [Read Article] Monday 20th of March 2017 12:25:37 AM
....Taylor’s review has found evidence of companies asking employees to incorporate themselves as sole traders, rather than go on the company payroll, enabling them to avoid benefits such as statutory maternity pay or sick pay, according to the Times. Taylor expressed some disappointment at the budget U-turn over national insurance contributions, which he said was “a kind of battle between politics and policy” which he said he hoped would not affect the implementation of his review after it was published in the summer. ...
Blurred lines? image
Source : BBC [Read Article] Monday 20th of March 2017 12:02:25 AM
New bombshell for self-employed: pay 400% more NICs… or lose state pension image
. Jane Clark, a self-employed maths tutor who earns around £2,500 a year, faces a 400% increase in her national insurance contributions (NICs) if she wants to retain her right to a state pension. ...
Seven ways to teach your kids about money image
Source : Guardian [Read Article] Saturday 18th of March 2017 06:30:31 AM
.... Rather than just saying “We can’t afford it”, explain why. Talk to your children about all the different things that have to be paid for, including tax and national insurance, along with mortgage/rent, council tax, utility bills, insurance, phone and broadband and the weekly shop. ...
If big business is to thrive, it needs a strong welfare state | Phil McDuff image
....87% and, in a fit of perversity, we’re “protecting” our children from those interest payments by forcing them to take payday loans at 1,500%. The NHS saves British business thousands on health insurance, compared with in the supposedly more flexible US. ...
Gig economy companies trying to have their cake and eat it, say workers image
....The gig economy has become a focus of concern following the commercial success of companies such as Amazon, the ride hailing firm Uber and the delivery service Deliveroo. These companies employ workers on short-term contracts that can last just a few hours, allowing them to avoid paying employers national insurance, sickness and holiday pay. ...
How Britons spend their money, plus MPs turn the heat on energy firms image
Source : Guardian [Read Article] Thursday 16th of March 2017 03:44:06 PM
....Fast Track to confusion as Argos fails to right a wrong address. Get great value annual travel cover with Guardian travel insurance, provided by Voyager. ...
Good riddance to the unfair NIC tax rise. Now what about that £2bn black hole? | John McDonnell image
. The government’s U-turn on the unfair £2bn national insurance hike for the self-employed is a humiliation for chancellor Philip Hammond, who has shredded his reputation after only his first budget – and broke a manifesto promise to do it. ...
Hammond's NICs U-turn is a political disaster for the government | Larry Elliott image
....Not so funny now, is it chancellor? A week to the day since he peppered his debut budget speech with gags to disguise its thinness, Philip Hammond has just done a screeching U-turn. There was only one measure of note in the package – an increase in national insurance contributions for the self-employed – and from the moment it was announced the proposal caused a firestorm of criticism. ...
Philip Hammond defends scrapping national insurance rise for the self-employed image
. Philip Hammond ditched plans to increase national insurance contributions for the self-employed yesterday, in a humiliating U-turn just a week after the measure formed the centrepiece of his first budget. ...
Single market exit: UK construction 'could lose 175,000 EU workers' image
Source : Guardian [Read Article] Wednesday 15th of March 2017 06:30:23 AM
....”. He added that the controversial rise in national insurance contributions for the self employed, which were announced in the budget, would also hit the sector, where about 40% of the workforce were in that category. ...
Charlotte Hogg image
Source : BBC [Read Article] Tuesday 14th of March 2017 01:51:01 PM
.... . Her maternal grandfather, John Boyd-Carpenter, was transport minister then minister of pensions and national insurance under both Anthony Eden and Harold Macmillan. ...
Bogus self-employment exploits workers and scams the taxman | Paul Mason image
.... Trade unions estimate that around half a million of those are bogus and are really working for a single employer, using the status to collude with that employer to pay less tax. But for them, the traditional trade-off of self-employment – lower tax and national insurance in return for fewer statutory benefits – is not always a choice. ...
UK households spent £180m on 'unnecessary' power capacity – report image
Source : Guardian [Read Article] Monday 13th of March 2017 06:01:24 AM
....The ECIU said that reserves could be more affordably secured through energy storage, greater interconnectivity with Europe and smart technology to help reduce demand from big energy users at crunch times. The National Grid defended the reserve scheme as a cost-effective insurance policy, and added that the winters had been mild. ...
HSBC appoints AIA boss Mark Tucker as new chairman image
Source : BBC [Read Article] Sunday 12th of March 2017 11:19:23 PM
....Mr Tucker has been chief executive of AIA for seven years, during which he oversaw the insurer's expansion in Asia. Before AIA, he was the chief executive of insurance giant Prudential, and brings to HSBC his experience at the top of a UK financial giant as well as his Asian exposure. ...
A helping hand with childcare: options to make your child and wallet happy image
....Under the existing Childcare Voucher scheme offered by many workplaces, parents can pay for childcare via salary sacrifice. Giving £1,000 of salary pre-tax gives parents £1,000 of care vouchers, saving them money as they don’t have to pay tax or national insurance on the amount put aside. ...
We will all need a stiff drink to swallow Hammond’s austerity image
Source : Guardian [Read Article] Sunday 12th of March 2017 07:00:17 AM
....Now, although there was barely a reference to Brexit in his speech, Hammond scotched a lot of wishful speculation in his subsequent interview on the Today programme, when he baldly stated that, yes, we are leaving the customs union. What about the single market? Wasn’t staying in part of the Conservative election manifesto? Yes: but so was no increase in national insurance contributions, the subject which caused the most fuss in the immediate aftermath of a (mostly) leaked-in-advance budget. ...
Most of us don’t change energy suppliers. We need to cap variable tariffs image
.... What we now have is two markets for energy – one for the regular switchers, who make up about 15% of all households, and another for those who never or rarely switch. Upping the level of switching will have a big impact and there are simple things that could be done to encourage this, such as an annual statement with an improved annual renewal notice, along the lines of motor insurance. ...
Citywing 'virtual airline' goes out of business image
Source : BBC [Read Article] Saturday 11th of March 2017 12:53:12 PM
....Mr Cummins and his fiance are also affected personally, as they are due to get married in Northern Ireland in November with many family members and friends set to travel over with them. The UK Civil Aviation Authority (CAA), which did not regulate the Isle of Man-based ticket seller, advised passengers with forward bookings to contact their card or insurance provider for refunds. ...
Budget 2017: Self-employed 'tax raid' a 'rookie error' image
Source : BBC [Read Article] Saturday 11th of March 2017 09:22:56 AM
....The change, announced on Wednesday in Mr Hammond's first Budget statement since becoming chancellor, will see millions of self-employed workers pay an average of £240 a year more but ministers say those earning £16,250 or less will see their NI contributions fall. Lord Lamont told BBC Radio 4's Today programme: "The real danger is that this continues because what he made clear was that this gap in the taxation - the national insurance of the self-employed and the employed - he intends to eliminate. ...
Self-employed? See if you'll pay more in national insurance image
Source : Guardian [Read Article] Saturday 11th of March 2017 07:00:28 AM
. The bottom 40% of self-employed workers will be spared any income losses from the changes to national insurance contributions (NICs) – if they go ahead – according to an analysis by the Institute of Fiscal Studies, but the top 10% will be paying around £430 a year extra. ...
Why are Britain’s new homes built so badly? image
Source : Guardian [Read Article] Saturday 11th of March 2017 07:00:27 AM
.... The government has set up a fund to help with the cost of repair. There is currently no insurance-backed warranty – this is provided through the trade association for builders. ...
The Falklands war hero fighting for his state pension image
Source : Guardian [Read Article] Saturday 11th of March 2017 06:59:27 AM
.... For example, those living in Bermuda, 5,800 miles north of the Falklands and one of the world’s wealthiest places, enjoy the full “triple-lock” pension increases their counterparts in the UK receive. All told, there are around 680 UK pensioners living in British overseas territories with frozen pensions, even though they have made the same national insurance contributions as their UK peers, says the International Consortium of British Pensioners (ICBP), which campaigns on this issue. ...
MPs not appeased by May's decision to review self-employed tax hike image
Source : Guardian [Read Article] Friday 10th of March 2017 06:48:53 PM
. Backbenchers unhappy at plans to increase national insurance for the self-employed promised to rebel against the introduction of the tax rise in the autumn, after Theresa May said on Thursday she would delay a vote on the issue. ...
US interest rate rise almost certain after bumper jobs growth image
Source : Guardian [Read Article] Friday 10th of March 2017 06:15:58 PM
....Also among the less-praised drivers of economic growth is the Affordable Care Act, Obama’s signature healthcare legislation, which Trump and congressional Republicans aim to repeal, said Elise Gould of the Economic Policy Institute, a Washington-based thinktank. There is “more voluntary part-time employment because people can now work part-time and get health insurance,” Gould said, “and then you also see more people self-employed for the same reasons; they have some of the economic risk moved off them. ...
It’s not true that the top 1% pay 27% of tax | Letters image
Source : Guardian [Read Article] Friday 10th of March 2017 06:14:35 PM
.... The top 1% of earners pay 27% of income tax, but income tax raises just 27% of the UK’s total tax revenue. This is less than is raised by VAT and other indirect taxes (29%) and not much more than is raised by national insurance (19%). ...
Lloyds Banking Group sets aside an extra £350m for PPI image
Source : BBC [Read Article] Friday 10th of March 2017 02:05:39 PM
. Lloyds Banking Group has set aside a further £350m to cover claims for mis-sold payment protection insurance (PPI). ...
Trump faces formidable institutional obstacles – so what can he do? | Barry Eichengreen image
.... Simply put, broad-based spending cuts to match broad-based income-tax reductions are not politically feasible. Eliminating federal subsidies for health-insurance coverage under the Affordable Care Act (“Obamacare”) would save the government a little over $100bn a year, about 3% of federal spending. ...
The Guardian view on trust in politics: pledges and conventions matter | Editorial image
....There is nothing illicit about this arrangement, but there is something distasteful about the architect of many people’s hardship cashing in when there is still so much pain yet to come. As the Institute for Fiscal Studies noted yesterday in its evaluation of the budget, cuts to employment support allowance and tax credits that take effect this April will be felt more keenly and by more people than the rise in national insurance contributions (NICS) for some self-employed workers – including, as it happens, Mr Osborne – that has become the object of a Tory rebellion. ...
The UK economy breaks more records – for all the wrong reasons image
Source : Guardian [Read Article] Thursday 9th of March 2017 06:40:24 PM
....The gist of the post-budget analysis from two of Britain’s leading thinktanks was simple: the economy continues to break records – mostly for the wrong reasons. Neither the Institute for Fiscal Studies nor the Resolution Foundation could get especially worked up about the political controversy of the moment: Philip Hammond’s decision to raise national insurance contributions for the self-employed. ...
May and Hammond face serious Tory revolt over tax on self-employed image
Source : Guardian [Read Article] Thursday 9th of March 2017 04:59:51 PM
. Theresa May and Philip Hammond are facing a growing rebellion among Tory MPs over the decision to increase national insurance contributions (NICs) for the self-employed in Wednesday’s budget. ...
Hammond went where Osborne feared to tread with tax on self-employed image
Source : Guardian [Read Article] Thursday 9th of March 2017 04:41:03 PM
. George Osborne was presented with the policy of raising national insurance contributions for the self-employed several times while he was chancellor, and always rejected it as politically unsellable, according to former Treasury insiders. ...
No rights, more tax: this is Conservative ‘fairness’ for the self-employed | Frances O’Grady image
....5bn by 2021-22. But these changes in national insurance rates and universal credit don’t do anything to tackle the two main problems that 21st-century self-employment is causing for workers and the public finances. ...
The shameless Tories have betrayed the self-employed – and themselves | John Harris image
.... So, even if the headlines are a scream – witness the Sun’s “Spite Van Man”, or the Star’s inspired “Rob the Builder” – isn’t this classic Fleet Street cant?. Clearly, pushing up class 4 national insurance contributions and thereby squeezing an average of 60p a week from the self-employed is hardly a howling injustice. ...
What the 2017 budget means for you, plus rents 'out of step' with incomes image
....Lost for words when unwanted satnav doubled our Hertz car hire bill. Get great value annual travel cover with Guardian travel insurance, provided by Voyager. ...
'This is grossly unfair': self-employed readers react to NICs increase image
Source : Guardian [Read Article] Thursday 9th of March 2017 02:21:03 PM
....Justin Desyllas, 44, graphic designer, Bristol. I will end up paying more in national insurance, which could push my tax bill to the point where I will have to make payments on account against the following year’s tax bill (this is a bizarre convention only self-assessment taxpayers are subject to) What Hammond forgets is that the self-employed have no paid holidays or paid sick leave, and rarely access statutory sick ay. ...
Budget tax rise image
Source : BBC [Read Article] Thursday 9th of March 2017 01:40:23 PM
.... In total, the National Insurance increase announced in the Budget will bring in £2bn for the Treasury by 2021-22. Employers who use self-employed workers do not have to pay national insurance contributions. ...
Co-op Bank warns of more branch closures as it reports £477m loss image
Source : Guardian [Read Article] Thursday 9th of March 2017 11:25:19 AM
....The losses this year were, in part, caused by the continued restructuring sparked by the deal with Britannia in 2009. There was another £36m provision for payment protection insurance mis-selling, an £82m hit for a mortgage outsourcing deal with Capita and a knock caused by the cut in interest rates by the Bank of England following the vote for Brexit. ...
No pay rise for 15 years, IFS warns UK workers image
Source : Guardian [Read Article] Thursday 9th of March 2017 08:57:23 AM
....The IFS had a relatively positive appraisal of the controversial changes made by Hammond to taxes paid by the self-employed. Johnson said increases in national insurance contributions (NICs) for the self-employed represented a “modest but welcome change” designed to create a slightly less unequal playing field between the self-employed and employees. ...
Brexit, airlines' worst fear, has become their preoccupation image
Source : Guardian [Read Article] Thursday 9th of March 2017 06:29:50 AM
.... But obtaining similar conditions after Brexit is far from assured. EasyJet is pursuing air operating licences from other countries to keep its intra-EU network running, a £10m insurance policy. ...
Hammond was a picture of relaxed swagger – because he was in the ring alone image
....But these are not normal times. True, Hammond was being hounded within minutes for breaking a pledge not to raise national insurance contributions that had featured in the Conservative manifesto of 2015. ...
Government finances face near-£6bn hit over changes to personal injury payouts image
....The Office for Budget Responsibility said the government was now setting aside an extra £1. 2bn a year to meet the expected costs to the public sector – and it would push up car insurance premiums by around 10% . ...
Philip Hammond's budget is a long way from tackling future challenges | Larry Elliot image
....Instead, Hammond cantered through measures that had been well aired in recent days. There was extra money for schools and vocational education; some help for companies adversely affected by the new business rates regime; £2bn over the next three years for social care; and a shake-up of national insurance contributions that will result in higher tax for the self-employed. ...
Few will spot the difference in national insurance – at first | Patrick Collinson image
....Let’s say you’re an Uber driver making £25,000 a year. Your national insurance bill will rise by just £20 in 2018-19. ...
What the 2017 budget means for you image
Source : Guardian [Read Article] Wednesday 8th of March 2017 05:18:09 PM
....2016-17 The tax-free threshold was £11,000, meaning he paid no income tax as his earnings were within the current personal tax allowance. However, he does have to pay £353 national insurance a year, leaving a net income of £10,647. ...
Budget: National Insurance rise criticised image
Source : BBC [Read Article] Wednesday 8th of March 2017 03:42:03 PM
....Others said it was unfair that the self-employed would have to pay more, when they do not receive the same level of state benefits. "Self-employees are subject to a lower national insurance contribution because they do not receive the same entitlements and benefits as their employed counterparts - such as holiday and sick leave," said Chas Roy-Chowdhury, head of tax at the Association of Chartered Certified Accountants. ...
DPD and Parcelforce face MPs' questions over working conditions image
Source : Guardian [Read Article] Wednesday 8th of March 2017 02:58:20 PM
....Field set the companies a deadline of 20 March to provide details of their contracts with “owner-driver” couriers. Owner-drivers are not directly employed by the company and must fund their own vehicle, fuel, insurance and uniform in return for payment per delivery. ...
Philip Hammond’s budget – our writers give their views | Polly Toynbee, Zoe Williams, Frances Ryan, Faiza Shaheen and Kate Maltby image
....He announced modifiers to the business rate hike that sound good on their own – especially for pubs – but only if you forget what extraordinary rate increases are underpinning them. He set his sights particularly on the self-employed, describing at tedious lengths the difference in national insurance contributions between a self-employed person earning £32,000 and their peer on PAYE; he did not mention that 91% of self-employed people are earning £20,000 or less, 84% are living in poverty (based on their self-employed earnings), and that self-employment generally reflects newly precarious working conditions in which employers avoid giving contracts in order to sidestep rights. ...
Self-employed hit by national insurance hike in budget image
Source : Guardian [Read Article] Wednesday 8th of March 2017 02:24:49 PM
....The tax advantages enjoyed by the UK’s millions of self-employed people will be dramatically reduced following a series of major changes in the budget. Appearing to reverse a Conservative party manifesto pledge from 2015, Philip Hammond risked irking his backbenchers and party supporters by announcing he is to close tax benefits that are “no longer justified” by increasing the national insurance contributions (NICs) for self-employed people earning more than £16,250 a year. ...
Key points of the budget 2017 – at a glance image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:41:30 PM
....RM: This is a continuation of the Conservative-Liberal Democrat coalition government’s trend of raising the personal allowance to reduce income tax paid for all but the very highest earners. Originally it was taking the very lowest paid out of tax altogether, but critics argue that a better way to do that now would be to raise the national insurance threshold instead, bringing it in line with the income tax threshold. ...
Smokers could earn £3,839 after quitting for just a year, figures reveal image
Source : Daily Express [Read Article] Wednesday 8th of March 2017 08:38:00 AM
.... . The 500,000 smokers who have given up in the last year should make sure their willpower pays off, according to insurance and protection advisers Drewberry. ...
Budget will hold no big surprises on spending or tax, chancellor says image
Source : Guardian [Read Article] Wednesday 8th of March 2017 06:33:22 AM
....Self-employmentIn recent years self-employment has become synonymous with low pay and insecure employment, driven by firms seeking to cut their tax bills. Employers pay no national insurance when they commission work from someone who is self-employed and such workers pay a reduced rate of 9%, compared with the 12% paid by PAYE staff. ...
Savers are getting worse return than ever while risk takers are benefiting image
Source : Daily Express [Read Article] Wednesday 8th of March 2017 12:01:00 AM
....5 per cent a year over five years. “It selects just prime borrowers and has a reserve fund and insurance to cover losses. ...
Taxes for self-employed likely to rise in Hammond's budget image
Source : Guardian [Read Article] Tuesday 7th of March 2017 08:05:27 PM
....The Treasury is concerned that the growing prevalence of self-employment is not just driven by entrepreneurialism in the “gig economy”, but by tax avoidance, which will progressively undermine Britain’s tax base. The self-employed pay 9% national insurance contributions (NICs) on their earnings above £8,060, compared with 12% for employees. ...
Direct Line says insurance payout change has cost it £217m image
Source : BBC [Read Article] Tuesday 7th of March 2017 08:13:16 AM
....As a result, Direct Line said profits for 2016 had fallen 30% to £353m. However, it said it had seen strong growth in home and car insurance. ...
Lost for words when unwanted satnav doubled our Hertz car hire bill image
Source : Guardian [Read Article] Tuesday 7th of March 2017 07:00:35 AM
.... We paid €100 (£86) in advance. During the car pickup at Munich airport the guy simply asked if we wanted an extra driver or additional insurance. ...
Reality Check image
Source : BBC [Read Article] Tuesday 7th of March 2017 01:31:56 AM
....The category of tax that has been rising strikingly and is mainly responsible for the increase next year is "other". That includes the new dividend tax regime, the increased insurance premium tax and a higher rate of stamp duty land tax for second homes. ...
Goodbye Spring Budget image
Source : BBC [Read Article] Tuesday 7th of March 2017 12:11:17 AM
....Mr Roy-Chowdhury points out that moving the government announcements matters to the general public as well. "If there is a range of changes twice a year to things like national insurance, personal allowances, pensions tax relief or savings allowances, it is harder for ordinary taxpayers to keep up," he says. ...

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