taxation

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Campaigners set out proposals for a better deal for low-income taxpayers
Academy of Medical Sciences

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage,… Read more »

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10p tax rate abolished April 6th
Labour MPs “dismayed” at abolition of 10p tax rate

Labour MPs are in “open revolt” over Gordon Brown’s plans to abolish the 10p rate of tax, the Conservatives have said. At least 43 Labour MPs, including former ministers, have now signed an early day motion expressing their “dismay” at the government’s decision to scrap the lowest tax band, announced in Mr Brown’s final Budget… Read more »

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Average council tax bill will rise 4%
Council tax rises ‘lowest for a decade’

The average council tax bill will rise by the lowest amount for more than a decade, the government announced today. Local government minister John Healey said the average bill for a band D property will increase by four per cent. Households in 18 local authorities will avoid council tax rises entirely. Across the country, 265… Read more »