Mercedes has built excellent vans for many years, but the X-Class is the brand's first foray into the lucrative pick-up truck market. AOL Cars gets behind the wheel... What is it? There aren't too many niches left to fill in the car
George Osborne is to slap a new levy on fizzy drinks. The idea is to discourage unhealthy habits that lead to obesity. Will it work? Simon Wilson reports. What has George Osborne proposed? The chancellor has proposed a levy on companies that
The British government will finally lobby the EU to do away with the 5% VAT currently levied on sanitary products, a penalty that is being called ‘Vagina Added Tax’. Women pay 5% VAT on tampons and sanitary items since the last Labour government cut the rate from 17.5% to 5%. The government says it can’t get rid of the tax altogether because the current EU rules do not allow it. Campaigners have been lobbying for the abolition of the Tampon Tax, which sees sanitary products taxed as ‘luxury items’ while essential items like private jets and crocodile meat are not. Over 250,000 people have signed a petition against the Tampon Tax. Paula Sherriff, the Labour MP who campaigned for the amendment, explained, “Frankly VAT on tampons is the Vagina Added Tax.
Hundreds of thousands of jobs would be created if the Government cut VAT on food and drink from 20% to 10%, according to a new report. A campaign group said 425,000 new jobs would be created, with a further 150,000 if VAT was reduced to 5%.
The Queen's Speech is a time for pomp, ceremony and tradition. One of the more timeless traditions is for the Prime Minister to talk up the new era of joy and plenty to be ushered in by the changes under the new Parliament: where the
A five year tax freeze is being promised by David Cameron should the Conservatives be voted in next week, and it's not just any old tax freeze – he's trying to convince us he's really serious by committing it into law.
You spent almost five months of 2014 working for the taxman, because the government took the equivalent of everything you earned between 1 January and 28 May in tax. This isn't just the nasty pain of income tax, but a host of other
George Osborne admits government borrowing will climb next year, to around £90bn rather than £86.4bn the Office for Budget Responsibility predicted in March. But there's better news for those moving house; new Stamp Duty changes mean
Skoda Skoda is a brand famed for its value and it is now offering supermini buyers the chance to pick up the current Fabia at a substantially lower price than before – thanks to the introduction of a new 'No VAT' offer. With
How much money do you pay in tax? If you had to hazard a guess you'd probably opt for your income tax rate - so either 20% or 40%. However, you'd be way off the mark, because the tax system is far more complicated, and the hidden taxes
More than 15,000 pubs, bars and restaurants across the UK will cut the price of food and drink by 7.5% today as part of a campaign to reduce VAT. Campaigner Jacques Borel called on the hospitality industry to make Tax Equality Day their busiest
When you've spent your working life paying a huge chunk of everything you earn in tax, you'd be forgiven for thinking that in retirement the Treasury's needs ought to take second place to your own. However, new research reveals
A change in how VAT is taxed could mean the end of the 99p music download from digital stores like iTunes and Google Play. Announced as part of the Budget last week, the Chancellor has put into place new legislation, coming into effect next
A court has ruled that the belly dancing classes run by the Fleur Estelle Belly Dance School were not educational. It seems like a minor detail, but it's one that is going to cost the school's owner an incredible £50,000 in tax.
In his autumn statement George Osborne declared the UK deficit will be eliminated by 2019. The biggest news for many will be a 2% business rate cap from next April; there's also new incentives for shale gas investment and John Lewis-type
How does 1p per litre of diesel sound? For Venezuelan motorists it's no fantasy. New research from Looking4Parking.com examined the top ten cheapest countries to fill up, with Venezuela topping the list. Britain is nowhere near, rising to
This Wednesday is your opportunity grab a bargain: 40 chains of bars and restaurants, and thousands of local independents, are cutting VAT for one day only. It'll shave a welcome 7.5% off your bill at 15,000 bars, restaurants and cafes
The price of fuel is expected to rise by up to 4p a litre during the next fortnight, just as thousands of families set off on their summer holidays. Pump prices have already risen by around 1p a litre this month but a surge in the cost of oil
Hundreds of thousands of jobs could be created if VAT was cut by 5%, according to a report by pub, restaurant and hotel firms. A number of leading companies in the sector, including Pizza Hut, Wetherspoon, Punch Taverns, Prezzo, Subway and TGI
The Budget has been a British tradition for almost 300 years, and as a result, it has built up its fair share of odd traditions, peculiar quirks, and strange facts. We reveal 10 odd things you never knew about the
Rohan Pershad, a 44-year-old barrister from London, has been found guilty of dodging VAT - after thinking he could get away with charging his clients VAT and paying none to the taxman for 12 years. So what happened, and how was he
The fraud gap - now at its highest peak since 2007 - has become so large it's worth a whole 1p in tax to each taxpayer, claim experts. Much of this tax shortfall, about £3bn, is is down to VAT evasion, false accounting and tax relief claims
The stars behind a potential Christmas number one single which aims to raise money for the Hillsborough families have called on the chancellor to waive VAT on it. The version of the Hollies' hit He Ain't Heavy, He's My Brother by
The think tank Institute for Fiscal Studies (IFS) claims Britons could be in line for another massive tax hike. The IFS claims chancellor George Osborne may consider pushing VAT to 25% from its current 20% rate in an attempt to part-plug the
A freight distribution manager who hid more than 14 million cigarettes in refrigerated lorries carrying fruit and vegetables, to evade an estimated £2.5 million in duty and VAT, has been jailed, according to HM Revenue and Customs (HMRC). Barry