Personal tax

Plans to introduce a broadband tax of 50 pence a month on all fixed-line phones have been criticised by a House of Commons committee.

The government’s scheme to help businesses that are struggling to pay their tax bills could see a rise in requests to delay payments as the self-assessment date approaches.

Plans for a proposed new levy aimed at raising funds to boost the UK’s broadband network have gone out to consultation.

Prospective tax rises and the return of VAT to the old rate of 17.5 per cent may have had an adverse effect on consumer confidence.

Shoppers in the UK who buy goods on the internet from countries outside the EU can now spend more without being liable to customs duty.

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