Archive | UK Tax

Tories Eat Humble Pie as Pasty Tax is Shelved

The UK government announced on May 29 that it has canned plans to tax pies, pasties and sausage rolls. Since March this year, the government has been facing heavy criticism over the proposed tax, particularly because it seemed to be targeting working-class families. Cameron essentially wanted to close a loophole which allows bakeries in the […]

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Child Benefits Revised to be More Fair

As part of his drive to tackle the budget deficit, George Osborne’s statement on the 21st of March announced revised details of his plans to cut child benefit payments, which will result in parents earning 60,000 pounds or more losing the benefit altogether. Osborne admitted that his original plans to take child benefit away from […]

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