Post Tagged with: "tax"

Half of UK Households Now Pay Higher Council Tax Than Buckingham Palace

Half of UK Households Now Pay Higher Council Tax Than Buckingham Palace

Nearly half of all households in the UK are now charged higher council tax rates than those levied on Buckingham Palace, recent data reveals. Approximately 46% of households, or 11.6 million homes, currently pay more than the £1,828 band H council tax rate for the King’s Westminster residence, up from 32% (7.5 million homes) in 2011-2012. In Rutland, which has[Read More…]

Queen of England in line for a pay rise

Queen of England in line for a pay rise

The Queen of England is set to get a £45.6 million pay rise courtesy of the taxpayer in 2017-2018, it has been revealed. If the formula used to calculate the amount taxpayers contribute to the monarchy’s running costs is not reviewed, the Monarch will be in line to receive extra funding. As the Crown Estate property empire delivered a record[Read More…]

David Cameron tax row rages

David Cameron tax row rages

It appears everyone in this country is paying doing their civic duty and paying tax – except of course, for multimillion pound corporations and the prime minister. While thousands of ordinary people struggle to pay their council tax bills and are subsequently getting jail threats, the debate over David Cameron’s tax status continues to rage. The release of his tax[Read More…]

Ministers discuss plans to make EVERYONE pay TV licence fee -whether they own a TV or not

Ministers discuss plans to make EVERYONE pay TV licence fee -whether they own a TV or not

The government has outlined plans to make everyone purchase a TV licence – regardless of whether or not they own a TV, it has been revealed. Under the plans, the TV licence would be reinvented as a household tax that everyone would be forced to pay. At present, you only have to pay for a TV licence if you watch[Read More…]

Brits could pay 10% tax on assets under new proposal

Brits could pay 10% tax on assets under new proposal

The IMF world bank is proposing a ten per cent wealth tax on all households in the UK and the rest of the Eurozone. What this would mean is men and women having to pay a levy on the total value of their accumulated assets, including their properties, cash, bank deposits, money funds, and savings in insurance and pension plans.[Read More…]