There are a many taxes that we pay in the UK, one of those is council tax, and if you have a business, then you pay business rates. These are priority expenses and bills to be paid each month. And if you don’t pay them, councils have a wide range of collection tools at… Read more »


  There’s an old joke about two things you can count on, death and taxes. As an employee, many of us are PAYE tax payers, which is pay-as-you-earn. Our employer takes out the taxes we owe HMRC and our taxes are paid. If you are self-employed you have to file taxes on your own, or… Read more »


The Queen is set to receive a pay rise in the amount of £6m, and this money is to come from the “public funds”. Now there will be those that will go to the pub after reading this news and after a few, will begin to pontificate about how the Queen is not worth a… Read more »


If you were unaware, there is a tax on insurance premiums, that’s right very little gets past Mr. Taxman, including insurance. This tax is called “Insurance Premium Tax“, and is sort of in place of VAT. The government felt that the insurance industry was “under-taxed” so IPT was created in 1994. It earns the government… Read more »


After a three (3) year investigation as to the taxes Apple has been charged and is paying in Ireland, the EU Commission has ruled that the “tax benefits” Apple has been receiving in Ireland are illegal, and Apple should pay back 13 billion Euros or £11 billion. It was said that Ireland allowed Apple to… Read more »


The Bank of England is proposing that buy-to-let landlords should “face new limits” on the amounts they are allowed to borrow. Buy-to-let mortgages are different than an owner-occupied form of mortgage. Although there are landlords that buy a property, stating they are going to live/occupy it, and then rent it out; either shortly after obtaining… Read more »


A few years ago the government stated they were not going to raise council taxes, which on the surface sounds good. What the government did next was to cut the amount of funding to many of the local councils, which in turn caused the local councils to either cut services, increase council taxes, or both…. Read more »