News Tag: taxes
March 17, 2010
In order to tackle the UK’s deficit, tax hikes could well be on the agenda, according to reports today.
Last week, Chief Secretary to the Treasury Liam Byrne suggested that no new tax rises will be required in order to cut the UK’s ballooning deficit.
However, in a dramatic u-turn, asked by the BBC yesterday if he was ...
Labour admits taxes could go up in order to cut deficit
by Kay Murchie
May 15, 2009
Forcing MPs and Lords to rent London accommodation rather than buy second homes would save the taxpayer over £1 million a year.
Research by SmartLandlord.co.uk found that renting a studio flat in Westminster costs an average of £177 less per month compared to buying.
With 1,372 tenants from the House of Parliament and the House of Lords, rented properties would ...
Rented accommodation for MPs would save £1m a year
by David Masters
April 6, 2009
Alistair Darling, Chancellor of the Exchequer, has admitted that 2009 will be a difficult year for the economy, as taxes will have to rise again to plug the millions that have been blown away following the economic crisis.
With public finances in such dire straits and with the budget to be announced on the 22nd of this ...
Taxes may rise as chancellor admits 2009 to be difficult year
by Peter Charalambous
