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Where Does Your Tax Get Spent?

December 15th, 2008

Following on from a previous post on how much the average family pays in tax, Where Does It Go has done some more investigation and worked out where exactly the money gets spent.

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Reclaim VAT On Recent Purchases

November 30th, 2008

As most of us are probably aware, from tomorrow (1st December), Value Added Tax (VAT) will be cut from 17.5% to 15% as part of the Government’s recent measures to stimulate the economy.

Did you know that if you’ve got goods and services on order and have paid the 17.5% rate, …

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95% Won’t Spend More After VAT Cut

November 28th, 2008

Just a quick post to point out the results of a survey the Times Online did following the pre-Budget report.

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“Secret” Plan For VAT Rise

November 26th, 2008

Reports have come out tonight that Alastair Darling planned a hike in VAT from 2011, according to a note left in Treasury documents which somehow came to light.

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Pre-Budget Report: Key Points & What They’ll Mean To You

November 24th, 2008

If you’ve managed to miss all of the coverage of today’s pre-Budget report (which is effectively a Budget in its own right now), here’s a round-up of the main points from Alastair Darling’s speech, and how they might affect you.

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See Where Our Taxes Go

November 23rd, 2008

Where does all the money that we pay in taxes go to? This chart will tell you.

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VAT To Be Cut?

November 23rd, 2008

The Government is to announce its pre-Budget report on Monday, and there are some suggestions that VAT (Value Added Tax) may be cut by the Chancellor, in a bid to get people spending again.

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Money Saving Expert Fined

September 25th, 2008

Woops, Martin Lewis has forgotten to file his tax return, and has received a £100 fine.

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How Will You Spend Your £60 Tax Rebate?

September 1st, 2008

Ok, so it’s hardly a massive windfall, but this month millions of us will be getting a £60 tax rebate in our pay packets, thanks to the mess the Government got into earlier in the year.

It certainly won’t break the bank, but it’s always nice to get something back …

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Stamp Duty Confusion Affects 83% Of Movers

August 26th, 2008

A couple of weeks ago Alistair Darling appeared to suggest there may be plans afoot to change the way stamp duty was charged, causing widespread uncertainty in the housing market as people waited for confirmation.

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