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Is Rishi Sunak ditching the triple tax lock? Chancellor refuses to rule out raising income tax, VAT or National Insurance to plug coronavirus black hole Rishi Sunak did not rule out raising income tax, VAT or National Insurance He told BBC Breakfast the scale of borrowing this year was ‘not sustainable’ The ‘triple lock’ against … Read more
Boris Johnson has lashed out at ‘gloomy’ predictions of coronavirus woe, telling MPs they were too negative because they were made before last week’s vaccine breakthroughs. The Prime Minister made the comment as he addressed anxious backbenchers last night in the wake of Rishi Sunak’s spending review, which revealed the scale of the problem facing … Read more
How to boost your income during the dividend drought: Payouts from FTSE 100 firms are forecast to fall 24% this year… but there are ways to ease the pain By Justin Urquhart Stewart For The Daily Mail Published: 21:50 GMT, 20 November 2020 | Updated: 21:50 GMT, 20 November 2020 What’s Happening? Amongst all the … Read more
Work-life balance: Emma White took redundancy and is now teaching yoga With lockdowns leaving millions unable to commute or socialise, rising numbers are discovering they have enough new spare time to start a ‘side hustle’. In many cases, this is an opportunity to make money from a hobby – as well as bringing in some … Read more
Work from home with 50% of your income tax free – by moving to Greece: Country offers huge breaks to entice workers during the pandemic Greek finance minister wants ‘digital immigrants’ to boost the flailing economy Tax break available in 2021 on income earned for up to seven years under plan Covid-19 has exacerbated cracks in … Read more
People working from home should be taxed to help fund workers whose jobs are under threat, a new report has said. Economists from Deutsche Bank have suggested a tax of 5 percent of a worker’s salary is introduced if they choose to work from home. This tax would be paid for directly by employers with … Read more
A raft of self-employed workers are still being denied help as a second lockdown arrives – more than seven months after the first coronavirus support measures were announced. This week’s announcement that the Self-Employment Income Support Scheme will be extended through to January has been welcomed, but all those who weren’t eligible before the extension … Read more
Nearly half a million self-employed workers banked £1.3billion of taxpayer cash despite suffering no loss in income during the coronavirus pandemic. The Resolution Foundation, which asked 6,000 people, found 17 per cent applying for the self-employed income support scheme had not had seen their earnings fall. It would suggest between March and September 435,000 workers received support even … Read more
Nearly half a million self-employed workers banked an extra £1.3billion of taxpayer cash despite suffering no loss in income during the coronavirus pandemic. The Resolution Foundation, which asked 6,000 people, found 17 per cent applying for the self-employed income support scheme had not had seen their earnings fall. It would suggest between March and September 435,000 workers received … Read more
London mayor Sadiq Khan demands ministers re-open the spending taps to prop up economy as he publishes figures showing tourists will spend £11m less in the capital this year London mayor Sadiq Khan predicts tourists will spend £11m less in London He predicted the loss of income also includes a shortage of commuters Tourists to … Read more