Recent figures released through a Freedom of Information Request have revealed that payroll investigations last year led to HMRC collecting £819 million of additional tax, a figure that represents a year-on-year jump of 16%.
A recent study has found women are generally less well prepared for retirement compared to men.
HMRC published the latest figures on personal income and taxation in the UK at the beginning of March.
You may remember the 2014 budget, where the Government announced that pensions freedoms would be introduced, to start in the 2015/16 tax year. Lauded as a great step forward, it allowed savers aged 55 and over the legal right to move their money
Russia went to the polls last month and in the least surprising result of the year, Vladimir Putin won another six year term. The Chinese Communist Party removed rules limiting Xi Jinping to two terms in office, meaning two of the world’s three superpowers now effectively have presidents for life.
Recent research has suggested that those in the baby-boomer generation should be prepared to pay higher wealth taxes in order to pay for healthcare costs likely to climb steeply in the near future.
The figures released at the beginning of March by HMRC about the nation’s income and taxation during 2015/16, revealed some fascinating insights into the UK’s finances.
A national saving and investment survey has shown only 7% of people have spoken to their parents about inheritance.
Did anything happen to make the world smile in February? Absolutely – unless you were waiting in the queue at Kentucky Fried Chicken where, sadly, the bargain bucket was replaced by the empty bucket.
We all have bucket lists of one form or another and high up on a lot of people’s lists are various travel experiences.