Authorities had confirmed that some 100.000 of tax payers in UK had been paying wrong taxes due to a malfunction in computers. HM Revenue and Customs is facing a major problem with UK personal taxation. It is reveal that tax codes have become changed due to a fault in the computers and many people [...]
Economic downturn and the increase of inflation had affected both financial companies and savers in UK drastically that people suffer with depreciation in their spending power.
Government of UK is in under new pressure as the rate of inflation is increasing and the financial companies are not in a position to pay high interest rates.
Many savings [...]
Many people of UK are in tension of the rise in Capital Gains Tax which will affect the middle-class not the super-rich. Though the countries like Germany, Belgium, Austria and Switzerland do not charge any Capital Gains Tax (CGT), 30 leading countries of Economic Co-operation and Development Organization charge CGT of 15%. Still they [...]
