Labour death tax to hit 1 in 5
Posted on 24 Sep 2013
Labour death tax would hit one in five
Chancellor Philip Hammond has warned that Labour’s plans to reduce the IHT threshold would “punish” 3.9m households and force a further 1m homeowners to pay the tax by 2022, bringing the total number liable to 4.9m - just under 20% of households. Labour’s manifesto states that the party would require families to pay 40% on homes valued at £425,000. Mr Hammond said to bring the tax down to that level was “just wrong”. “It hits people who have done the right thing and instead of spending their money on exotic holidays have improved their homes or have saved up to move on and buy a better home.”
Source: Sunday Express (21/05/2017)
View more blog posts
Posted on 23 Sep 2013
Over reliance on rich
The tax sytsem is over reliant on rich taxpayers say Harris & Co Northampton chartered accountants
Continue reading
Posted on 23 Sep 2013
R&D tax credits for SME's
R&D tax credits for SME's needs revision report Harris & Co Northampton chartered accountants
Continue reading
Posted on 20 Sep 2013
Tax evasion crackdown
Tax evasion crackdown report harris & Co Northampton chartered accountants
Continue reading
Posted on 20 Sep 2013
HMRC raises record taxes
HMRC raises record taxes report Harris & Co Northampton chartered accountants
Continue reading