Middle-income families are to be hit with tax rises next year, with the
average bill looking to increase to £1,500 in just three years.
Government has now confirmed a virtual freeze in money doled out to town
halls to pay for services.
More affluent areas will probably hit harder as they suffer greater shortfall
and will have to raise revenue by increasing their council tax.
Local revenue is set to rise by 4% to £70.4 billion in 2008-09, by 4.4 per
cent to £73.5 billion in 2009-10 and by 4.3 per cent to £76.7 billion in
2010-11, ministers have said.
However council chiefs say this is not sufficient and warned they would be
forced to cut services or raise bills.
Services for pensioners like meals on wheels are likely to be most affected,
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed