Emergency Budget 2010: Changes to VAT
The Coalition Government has increased the VAT rate from 17.5pc to 20pc from January 4 next year.
Summary of news
“This single tax measure will by the end of this Parliament generate over £13bn a year of extra revenues,” he said in his...
Emergency Budget 2010: Capital Gains Tax changes
SUMMARY OF NEWS
The current 18pc level will be raised to 28pc from 0:01am on June 23rd for higher earners
Basic rate taxpayers will continue to pay 18pc
Annual Exempt Amount for CGT will remain at £10,100 for 2010-2011...
Emergency Budget 2010: Reducing the deficit
SUMMARY OF THE NEWS
The Office for Budget Responsibility’s first responsibility is to decide whether the tax and spending measures give the Government a “better than 50pc” chance of meeting its fiscal mandate. The mandate George...
How to take on your bank and win
Your bank isn't bombarding you with offers of credit cards out of kindness – it's hoping you will make it a fortune by not making monthly payments on time. It isn't offering you a market-leading savings product and free "in-branch consultation"...
Ten things you need to know about financial advisers
1. Financial advice can be good for you
Do-it-yourself financial planning is becoming easier and Be your own Financial Adviser, a new book from Which?, aims to show you how to do it properly. But dealing directly with financial...
Understanding financial jargon
Stock markets and equities are important to the private investor. Here are some important terms and definitions:
Bellwether stocks
A US term for blue chip stocks.
Biotechnology companies
Biotechnology companies are a high-risk investment. Fewer...
