Struggling to work out whether you’ll be better or worse off after today’s emergency budget?
The HMRC is in a bit of bother after it sent the private financial details of 50,000 tax credit claimants to the wrong addresses.
We’ve previously featured a chart showing where all of our taxes get spent, and now thanks to the not-for-profit organisatoin Open Knowledge Foundation (OKF), there’s a website that will show you in even more detail.
This year a record 6.4 million people filed their tax returns online, according to HMRC.
VAT is going back to 17.5% from tonight, but many retailers are eager to not let this put us off our post-Christmas shopping, in many cases “graciously” not passing on the increase to their customers.
Here’s the second in our crystal ball gazing series of expert predictions for 2010, this time we’ve got the thoughts of Jasmine Birtles who runs MoneyMagpie, and is also a finance journalist and writer of several books.
The Government’s VAT discount is due to end on 1st January, when it returns to 17.5% from 15%. Many retailers are using this as an added incentive to get you in their shops over the next few days with the promise of bigger-than-normal savings seeing as the prices will be rising on Friday.
Ed Bowsher, head of consumer finance at lovemoney.com, has given his predictions for our finances in 2010, looking at inflation, interest rates, mortgages, savings, house prices and tax.
Today’s pre-budget report presented by Chancellor Darling has taken most of today’s headlines, with politics seeming to overtake economics this time round, obviously with an eye on next year’s General election.
Lovemoney has released the results of a survey it has done looking at which tax is the most hated in Britain, and a third of those questioned named council tax as the one they hated more than any other.