Government to hit the banks where it hurts for getting us into this fine mess
Chancellor George Osborne has promised to hit the banks as hard as he can without causing a mass exodus from the UK. As part of the crippling cutbacks that are being imposed to try to reign in the biggest budget deficit in peacetime, Mr Osborne is to impose a £2.5bn annual levy on the banks. [...]
Your Child Benefit Might Not Be As Safe As You Thought
The government announced earlier this week that from 2013 families where one or both parents are higher tax band payers will not be receiving child benefits. Original calculations in the press worked this out to be that anyone earning more than £43,875 per year would therefore become ineligible for this benefit. However, the government also [...]
Married Couples Tax Allowance Is Back On The Cards
David Cameron appears to have won the battle to reinstate the married couples tax allowance, which is seen almost as a bribe to families after the announcement of the child benefit changes. Originally scrapped 10 years ago by labour, the Lib Dems were not keen on bringing it back either, but the word is that [...]