The 50p rate of income tax is costing the Treasury up to ?500 million a year as high earners shelter their money abroad, a leading think tank has warned. Read More 50p tax rate costing Treasury ?500m
Posted in FX News | Tagged 50p, costing, rate, tax, treasury
Mayor of London tells George Osborne a cut in taxes is essential to encourage entrepreneurs and “send a signal” that Britain is “open for business”, as official figures show economy stagnating. Read More Boris Johnson tells George Osborne to cut NI and 50p tax
Posted in FX News | Tagged 50p, and, boris, cut, george, johnson, ni, osborne, tax, tells, to
Interactive Business Bullet: Miners’, UK pensions, Sterling, Michael Page Read More Interactive Business Bullet Miners tax, UK pensions, Sterling, Michael Page
Posted in FX News | Tagged bullet, business, interactive, michael, miners, page, pensions, sterling, tax, uk
If you operate your own home business, then you are probably aware that there a few drawbacks to being self-employed, just as there are a few drawbacks to any major decision you do in your life. Being an entrepreneur and self employed often means that you lose some workplace benefits, such as group insurance, sick [...]
Posted in FX News | Tagged business, deductions, home, tax, your
George Osborne is hoping to scrap the 50p top rate of tax in his Budget in 2013, on the back of evidence that new higher rate does not make money for the Exchequer. Read More George Osborne 50p tax rate could be scrapped by 2013
Posted in FX News | Tagged 2013, 50p, be, by, could, george, osborne, rate, scrapped, tax
Read More Govt Revenue Soars on Massive Tax Collection Best Surplus Since July 2008
Posted in FX News | Tagged 2008, best, collection, govt, july, massive, on, revenue, since, soars, surplus, tax
The Euro erased its losses from Friday as it reached a high of 1.3287 as risk appetite reignited by a PBOC hold and pending approval of U.S. tax cuts fuels support. Ongoing concerns over the European debt crisis and an empty calendar may limit potential bullish sentiment. Read More Forex Euro Erases Fridays Losses as [...]
Posted in FX News | Tagged appetite, as, cuts, erases, euro, forex, fridays, hold, losses, on, pboc, returns, risk, tax
The greenback has bounced back after the announcement of a compromise on extending the Bush tax cuts was reached between the White House and congressional Republicans. First off, we would note that this is not yet a ‘done deal’ and Democratic opposition could still sink the plan. In the end, Read More US Tax Cut [...]
Posted in FX News | Tagged buck, buoys, compromise, cut, tax, the, us
The US dollar gained against the Japanese yen today on the speculation that the extended tax cuts would help the economy of the US. The currency also posted gains versus the euro, before retreating, as the concern for Europe’s debt troubles increased the appeal of the greenback as the safe currency.(…)Read the rest of US Dollar Strengthens on Tax Reduction & Global Uncertainty (114 words) Posted on Forex News. Read More US Dollar [...]
Posted in FX News | Tagged dollar, global, on, reduction, strengthens, tax, uncertainty, us
The Chancellor has stepped up the pressure on banks by pledging to force the industry to sign up to a code of practice on tax avoidance within a month. Read More George Osborne to make banks pay tax
Posted in FX News | Tagged banks, george, make, osborne, pay, tax, to
