Over a million additional pensioners are liable to pay tax to the Treasury
than when Labour came to power.
Estimates in The Times show that while only 3.86 million pensioners
were subject to income tax in 1996-1997, that figure will rise to 5.13 this
The rise is blamed on chancellor Gordon Brown’s policy of raising tax
allowances in line with inflation instead of earnings. It is estimated this
policy will also see 100,000 more working people pulled into the top-rate tax
band this year.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
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