Anyone who sells assets (shares, land, buildings, parts of a business, jewellery) is liable to pay Capital Gains Tax. Introduced by the Labour Goverment of Harold Wilson in 1965, CGT was set at 30% - later increased to 40% by the Conservatives in 1985 and reduced to 18% by Labour in 2008. When the Tories increased the [...]
Wednesday, May 26, 2010
National Minimum Wage rates will be increasing as of October 2010. The new rates are as follows: £3.64 - Workers aged 16-17 (up from £3.57) £4.92 - Workers aged 18 to 20 (up from £4.83) £5.93 - Workers aged 21 and over (up from £5.80) Also from October the £5.93 minimum wage kicks in at 21, previously the adult minimum [...]
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Thursday, May 27, 2010
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