Chancellor Alistair Darling forecast in his Budget that Consumer Prices Index
(CPI) measure of inflation will fall to 1% by the end of 2009 and that the
retail prices index would return to zero next year. He stressed that the
inflation target for the Bank of England’s Monetary Policy Committee would
remain at 2.0%.
March RPI fell to -0.4% in March from zero in February and was the first time
that this measure of inflation had been negative since 1960. The CPI rate fell
to 2.9% in March from 3.2% in February.
Taxman lines up early exit from doomed Concentrix tax credits deal, as HMRC faces intense scrutiny from MPs
"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