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About Tax


A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.

What is inheritance tax and will it be cut?

What is inheritance tax and will it be cut?
Nov 17,2023 10:51 am

...By Kevin PeacheyCost of living correspondentInheritance Tax is a political hot potato, often discussed, but rarely changed...

Why do councils go bust and what happens when they do?

Why do councils go bust and what happens when they do?
Sep 29,2023 10:41 am

... That includes council Tax, retained business rates, and charges for services like parking, swimming pools, and planning applications...

Tax cuts 'virtually impossible' at present, says Jeremy Hunt

Tax cuts 'virtually impossible' at present, says Jeremy Hunt
Sep 22,2023 3:41 am

...By Christy Cooney and Nick EardleyBBC NewsChancellor Jeremy Hunt has said it will be " virtually impossible" to deliver Tax cuts until the UK economy improves...

Why does the Republic of Ireland have so much surplus cash?

Why does the Republic of Ireland have so much surplus cash?
Aug 8,2023 3:11 am

... Huge corporation Tax revenue, mainly generated by global technology and pharmaceutical firms, is spectacularly swelling the public purse...

What is an oil and gas licence?

What is an oil and gas licence?
Jul 31,2023 8:01 am

... In recent years, oil and gas firms have been Taxed heavily on their UK profits and there has been concerns in the industry that this might put off companies from investing in areas such as the exploration of new oil and gas wells...

CPTPP trade deal will benefit UK if we use it, says Kemi Badenoch

CPTPP trade deal will benefit UK if we use it, says Kemi Badenoch
Jul 16,2023 6:10 am

... Membership of the CPTPP loosens restrictions on trade between members and reduce tariffs - a form of border Tax - on goods...

Scrap tax on sunscreen, say cancer charities

Scrap tax on sunscreen, say cancer charities
May 14,2023 10:10 pm

...By Michelle RobertsDigital health editorValue added Tax - better known as VAT - should be scrapped on sunscreen to make it more affordable, say several UK cancer charities...

UK-Asia trade deal to boost UK economy by 0. 08%

UK-Asia trade deal to boost UK economy by 0. 08%
Mar 30,2023 8:40 pm

... Membership of the CPTPP loosens restrictions on trade between members and reduce tariffs - a form of border Tax - on goods...

Newspaper headlines: Putin's Mariupol threat and Gove 'target of plot'

Mar 22,2023 12:20 pm

The Guardian reports that an investigation it has carried out with other international news organisations has revealed .

All 35 Russians are alleged to have Close Ties with President Putin. The Assets range from offshore accounts to luxury properties in London.

According to The Daily Telegraph, Italy is being urged to seize what is believed to be which allegedly belongs to The Russian leader.

The Times says that associates of the jailed Russian opposition leader, Alexander Navalny, claim the half-billion pound Boat - undergoing repairs in western Italy - is which protects The President .

The are pictured on The Front of the Financial Times .

The Daily Mail 's reporter has visited the bombed site of what was Ukraine's newest, largest mall. Next Door , the windows of flats are all blown out; their doors buckled.

The Times that they face being prosecuted in military tribunals. One estimate suggests that 90% of buildings in The City have been damaged or destroyed.

The Telegraph and the Mail both reveal how a pro-Kremlin newspaper suggested that.

Previously The Russian military had said only 500 have died. The figure quickly disappeared from The Site .

The Telegraph says the numbers are similar to US intelligence estimates; according to the Mail there's speculation that the statistics were uploaded by a pro-Ukrainian employee.

Ahead of the chancellor's spring statement on Wednesday, the Telegraph says at least five cabinet members are understood to have due to come in next month.

The Times ' leader column warns against this - Saying the fifth richest households.

Instead it recommends raising the threshold at which employees pay the Tax -

The Daily Express .

The Mail notes that the Pensions Secretary, Therese Coffey , has. Meanwhile The Sun warns that leaving the chancellor little room to manoeuvre.

The Indian and Chinese Restaurant sectors appeal in the Daily Star for the chancellor not to restore VAT levels in their sector to 20%. The Asian Catering Federation warns it will be The Final nail in the industry's coffin.

Responding to Nazanin Zaghari-Ratcliffe's release from an Iranian jail, the Daily Mirror claims Boris Johnson , Saying ignorance, mistakes and callousness led to what it calls her " Six Years of hell". The Paper backs a former Tory Foreign Office minister's call for a parliamentary inquiry.

And finally, A Mother in West Lothian tells The Sun that while she knew energy prices were rising. Shell Energy 's app demanded nearly £2bn. She explained she was concerned her provider would empty her account trying to take this payment.

The Paper suggests she was in " Shell shock".



Source of news: bbc.com

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