Government Announcements

The cost to business of the increase in VAT to 17.5 per cent in January was as high as the earlier drop to 15 per cent, a new survey has found.

The government is to axe this year’s pre-Budget Report.

The UK’s six largest banks have put forward their plans for boosting the funding of smaller businesses.

The amount that people can add to their pension funds and on which they can receive tax relief is to be reduced.

Only about 20 per cent of taxpayers who have already received or will get letters informing them that they have underpaid their tax through the PAYE system will have the sums written off.

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