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Tag Archive | "income tax"

Chancellor George Osbourne May Be Reconsidering 50 Percent Tax

Saturday, August 13, 2011

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During an appearance on BBC Radio 4′s Today programme, the Chancellor revealed he has formally asked HMRC to delve into the figures and statistics coming from the 50 percent tax rate band. The push for the removal of the top rate band of tax, which people earning more than £150,000 are susceptible to, is becoming [...]

Changes To PAYE Tax Collection Unveiled

Sunday, December 5, 2010

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HM Revenue & Customs have released details of upcoming changes to the pay as you earn (PAYE) tax system. Coming under fire for recent discrepancies, HMRC had already stated it wanted to modernise the collection of income tax and National Insurance so they have more relevant tax information regarding each pay cycle. Under planned changes, [...]

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