By Joe Mellor, Deputy Editor Shockingly the worst ten per cent of households actually paid back 47 per cent of their earnings back in taxes in 2014/15 compared to only 34 per cent for the richest ten per cent, reports the Mirror. The news will come as no shock to ...
By Joe Mellor, Deputy Editor There were rumours of plots to oust the Labour leader, even after a decent enough showing in the recent local elections, but a new poll shows that he won’t be going anywhere any time soon. A YouGov survey for the Times, has discovered that almost ...
By Joe Mellor, Deputy Editor David Cameron will be making a statement to Parliament after his tax affairs revealed he may have sold off another huge amount of shares back in 2010. He will be questioned about a new stash of shares worth £72K according to the Mirror. Cameron has ...
David Cameron "effectively" inherited half a million pounds without paying a penny in tax, it has been revealed. The PM received £200,000 from his mother after his father's death which will only become liable to inheritance tax of up to 40 per cent if she dies within seven years of handing over ...
By Joe Mellor, Deputy Editor Yesterday Osborne sent his deputy David Gauke to take the hits from the House of his Budget statement. Cowardly George didn’t fancy facing any dissent. Gauke failed to give an answer to how the black hole left by the scrapping of disability benefit cuts would ...
By Joe Mellor, Deputy Editor The Chancellor is going to dodge questions in the Commons over his Budget, which has increasingly turned into a farce. Some Labour members have branded Osborne a “chicken” and even compared him to the cowardly lion, that features in The Wizard of Oz. John McDonnell ...
By Joe Mellor, Deputy Editor Conservative MPs voted to slash nearly £1billion from tax credits, even though the Chancellor swore he wouldn’t cut the benefit; that helps millions of hardworking families across the UK. A little-known catch will hit hundreds of thousands of people and was approved in a very ...
By Joe Mellor, Deputy Editor Around 50 Conservative MPs are planning to rebel against the Chancellor’s plans to relax the Sunday trading laws, which also includes two ministers who may be ready to resign. The Chancellor, George Osborne, is facing another backlash from his party, this time over extending shopping ...
By Joe Mellor, Deputy Editor A little noticed change that slipped past the Chancellor’s U-turn will clobber hundreds of thousands of workers. George Osborne stated he was ditching tax credit cuts, which would have seen over three million families lose around £1,300 per annum. However, it has been revealed that ...