Tax Saving Accountants

House sales is rising

The number of homes sold in the UK has continued to rise, according to HM Revenue and Customs (HMRC). Some 62,000 residential properties costing more than £40,000 were sold in May, up 7% on the previous month. The figure was the highest since October but still well down on the level of transactions seen during […]

Tax Saving Accountants

4 billion tax being lost in the uk offshore

The UK is losing at least £4bn a year through residents holding money in offshore tax havens, research claims. Offshore Tax Havens In Jersey, Guernsey & Isle Of Man Jersey, Guernsey and the Isle of Man were among popular spots for the wealthy to hold savings, the TUC said. EU rules allow UK residents to […]

Tax Saving Accountants

Fifteen percent in one year for house prices

House prices in England and Wales in January were 15.1% lower than a year earlier, says the Land Registry. The figures from the survey, widely regarded as the most authoritative, reveal that prices dropped by 0.8% in January compared with December. This is the 17th month in a row that average prices have fallen, following […]

Tax Saving Accountants

Bank charges appeal thrown out by eight banks in the uk

An appeal by eight banks, against a High Court ruling that a regulator can investigate the fairness of overdraft charges, has been thrown out. The Office Of Fair Trading Welcomes The Appeal Court Ruling The Appeal Court ruled that the Office of Fair Trading (OFT) has the power to investigate the issue of bank charges. […]

Tax Saving Accountants

Stonehouse, Peterborough Accountants News Update – The UK tax burden

FACT: The UK tax burden on families is said to have risen by up to 150% since 1997. The UK, through levying stealth taxes could be considered one of the highest burden taxation countries in the world. FACT: (UK) Stealth Tax is a term used for income tax https://en.wikipedia.org/wiki/Tax levied in such a way that […]

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