Treasury
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New 'clean' vans could see a reduction in road tax, says Treasury
A proposal raised in Chancellor Philip Hammond's spring statement could see rates of Vehicle Excise Duty (VED) lowered for low-emissions commercial vehicles. The Chancellor said that the Treasury will launch an investigation into reduced VED
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Why now is the time to top up your pension
There's no doubt about it. Us Brits need to save more, much more in fact if we want to live in relative comfort in our twilight years. It was with interest, then, that I read the announcement from the Chancellor that the government will not
4-min read - BusinessAOL
First July surplus for UK public sector since 2012
Chancellor George Osborne hailed a bumper month for tax receipts as the UK's public sector finances posted a July surplus for the first time since 2012. The surplus – excluding the effect of bank bailouts – stood at £1.3
2-min read - EntertainmentAOL
George Osborne's film tax relief bid gets EU approval
George Osborne's plan to give further tax breaks to Britain's film industry has been given European Union approval. The Chancellor said he hoped the approval of the 25% tax credit would help the UK attract the production of more films
2-min read - NewsAOL
Why the RBS shares sale aren't the bad deal you think
The Treasury has finally begun to sell down the taxpayer's huge stake in bailed-out bank Royal Bank of Scotland (LSE: RBS), raising £2 billion from its initial sale of 600 million shares — representing about a 5% stake in the bank.
1-min read - BusinessAOL
Replace high income tax rates with a wealth tax
I was outraged when chancellor George Osborne cut the highest rate of tax for the wealthiest in the country in 2012, arguing that lower rates bring in more money. Now France has done the same, is it time I have to admit that huge tax rates
2-min read - BusinessAOL
Accountants warn on new HMRC money-grabbing powers
Can the taxman be trusted to take cash it claims it's owed, direct from your bank account - without your permission? The move, if passed into law, could affect around 17,000 people every year. Yet there's clear concern from accountants
