Prime Minister and Rishi Sunak Could Reduce Energy Bills’ VAT

Boris Johnson and Rishi Sunak are considering a U-turn over energy bills that would see VAT cut or scrapped to relieve the pressure on hard-pressed families. The Prime Minister has previously repudiated the idea saying that cutting the tax was a blunt instrument, but may be forced to act in the face of increasing politicalContinue reading “Prime Minister and Rishi Sunak Could Reduce Energy Bills’ VAT”

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Tax Fury Grows Over Tobacco

Smoking bodies have warned that the government’s tobacco tax will hit the most disadvantaged hardest and promote bootlegging, and they said that Rishi Sunak’s plan to increase prices by 88 pence to about £13.60 per pack will leave holes in the wallets of those worst hit by the pandemic. Smoker’s group Forest blasted the moveContinue reading “Tax Fury Grows Over Tobacco”

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The Middle Class Is Squeezed By Rishi Sunak

Experts said that Rishi Sunak tightened his grip on Britain’s squeeze middle with a Budget that will see it bear the brunt of tax increases for a splurge of public spending. Experts warned that millions of people will be left worse off under plans unveiled by the Chancellor, with no realistic prospects of taxes fallingContinue reading “The Middle Class Is Squeezed By Rishi Sunak”

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Adding The Final Nail To The Coffin

The Chancellor will again delay plans to improve the business rates regime, pushing a nail in the coffin on the high street, and the Government will push back an announcement for improvement a second time. The commercial property tax has been condemned for high street woes – retail pays a quarter of rates despite makingContinue reading “Adding The Final Nail To The Coffin”

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Andy Burnham Wants Council Tax Slashed

Andy Burnham yesterday called on Labour to support a wealth tax based on the value of the property. The Greater Manchester mayor said he wanted to see council tax scrapped and replaced with the new tax. The proportional tax would see homeowners paying a yearly levy worth about 0.5 per cent of the value ofContinue reading “Andy Burnham Wants Council Tax Slashed”

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Treasury Kills Boris Johnson’s £15 Billion Plan To Build The World’s Stupidest Tunnel

Boris Johnson’s £15 billion dream of building the world’s most ridiculous tunnel between Scotland and Northern Ireland looks to have been killed off by the Treasury. Government officials have admitted the grand project mocked by Tory MPs and numerous experts, is dead, at least for now after fraught discussions with Rishi Sunak ahead of theContinue reading “Treasury Kills Boris Johnson’s £15 Billion Plan To Build The World’s Stupidest Tunnel”

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Tax Plan For Sweet And Salty Snacks

A snack tax on sugary and salty food will be recommended by Boris Johnson’s food tsar. According to sources, restaurateur Henry Dimbleby will put forward the proposals as part of a National Food Strategy aimed at improving the nation’s well-being. The Government commissioned review is expected to include plans to expand the current sugar taxContinue reading “Tax Plan For Sweet And Salty Snacks”

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Tax Cigarette Giants To Stub Out Littering

Even as many smokers kick the habit, cigarette stubs remain the most prevalent form of litter blighting in our towns and countryside. The scourge is so extensive that the bill for cleaning up the mess is precisely calculated at around £40 million a year. With the burden of that cost falling mainly on already strainedContinue reading “Tax Cigarette Giants To Stub Out Littering”

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Boris Johnson Plans To Raise Chewing Gum Tax

A new tax on chewing gum is set to be introduced to help meet the cost of cleaning Britain’s streets. Prime Minister Boris Johnson hopes to raise more than £100 million from the new scheme which will target gum manufacturers. About 300,000 pieces of discarded chewing gum can be found on Oxford Street, London atContinue reading “Boris Johnson Plans To Raise Chewing Gum Tax”

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We’re all in this Together!

David Cameron stated, “It was time to pull together,” in conjunction with his Conservative catchphrase of, “We’re all in this together”. Well, I can’t see much togetherness going on at the moment when Iain Duncan Smith’s department hands out gratuities of £44 million while reducing benefits for the vulnerable.  What David Cameron in fact indicatedContinue reading “We’re all in this Together!”

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