Labour reveals plan for income tax increase

Around 1.6 million higher earners face the prospect of paying more income tax in 2020/21 if Labour forms the next government. Its manifesto announced the party's intention to raise income tax for those with annual salaries above £80,000 a year. The 45% rate of income...

Labour reveals plan for income tax increase

Around 1.6 million higher earners face the prospect of paying more income tax in 2020/21 if Labour forms the next government. Its manifesto announced the party's intention to raise income tax for those with annual salaries above £80,000 a year. The 45% rate of income...

Landlords take cover ahead of election

Residential landlords fear the buy-to-let sector could become a political hot potato in the run-up to the general election on 12 December 2019. The buy-to-let sector experienced a post-recession boom, but its growth has been impeded by a raft of tax measures...

UK avoids slipping into 2019 recession

The UK economy has narrowly avoided slipping into recession in 2019, according to the latest quarterly GDP figures. The Office for National Statistics (ONS) claimed the economy grew by 0.3% in Q3 2019, following a 0.2% contraction at the end of Q2 2019. Two...

Commission calls for calm over planned NLW hikes

Employers that were braced to absorb substantial changes to the national living wage (NLW) in Budget 2019 have been handed a stay of execution. The Low Pay Commission has held fire on recommending future NLW rates beyond 2020/21 and urged caution over the Treasury...
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