Budget squeeze ‘to hit 13m families’
Thirteen million UK families will lose £260 a year on average because of the Budget’s tax and benefits changes, says the Institute for Fiscal Studies (IFS). BBC News – Business
Thirteen million UK families will lose £260 a year on average because of the Budget’s tax and benefits changes, says the Institute for Fiscal Studies (IFS). BBC News – Business
New Vehicle Excise Duty bands are to be introduced, with revenues going towards a new Roads Fund, while fuel duty has been frozen for another year. BBC News – Business
Millions of energy customers have been “paying too much for their energy bills”, a year-long investigation by the Competition and Markets Authority finds. BBC News – Business
Chancellor George Osborne needs to carry out an “ambitious” tax reform agenda in his Budget on Wednesday, the Institute of Directors (IoD) has said. BBC News – Business
Chancellor George Osborne is to announce the end of inheritance tax on family homes worth up to £1m in Wednesday’s Budget. BBC News – Business
Energy customers on pre-payment meters have been paying an average of £226 a year more than they would have done on the cheapest direct debit tariff, Citizens Advice says. BBC News – Business