MILLIONS of households were hit with a council tax increase in April 2018, taking the average bill in the UK to more than £1,600 a year - an increase of nearly £80. It can be tricky to keep on top of exactly how much tax you should be paying – and if you're in the wrong band, you might be owed money. Here's all you need to know. What are the council tax bands in England, Scotland and Wales and how can I check mine? The council tax band system was introduced in 1991, with each home in the UK assigned a band according to the estimated value of their home at the time. Band A represents the lowest value of a home (properties worth up to £40,000), while band H (I in Wales) represents the highest value (properties worth more than £320,000). You can check your council tax band here, but a £300,000 house in England, for instance, would be "Band G". In Wales it would also be "Band G", while in Scotland a £300,000 would be "Band H". … [Read more...] about What’s my council tax band, how do I claim a refund, who’s exempt from paying and how can I challenge my band?
What taking my tax refund so long
A You are being given good advice. Most of these courses are run by your Local Enterprise Office and the general feedback I get from anyone who has completed them is very strong. The fact that you have worked for a long period in industry will assist your business in a very big way and has probably allowed you to develop the business model you are planning to come to market with. You will, however, be dealing with lots of new areas which you have never encountered in the past, like tax, Vat, payroll, and doing your own book-keeping. Many people who were formerly in industry don't pay enough attention to these headings and really struggle with them when their business goes live. Don't underestimate the practical aspects of running a business which can sometimes be every bit as critical as generating sales and developing marketing programmes. You will also find as you complete this course, you will be involved with a mix of 10 or 15 other businesses and the networking and … [Read more...] about Problem Solver: Do I really need to take a startup course to go out on my own after 15 years?
The budget for next year will include new tax refunds as per the Labour Party electoral pledge, Prime Minister Joseph Muscat said on Sunday morning. Speaking on the PL radio station, Muscat reiterated that through the positive moves the government has made, there could be overall increases in pensions, benefits, services, and improvements to infrastructure. “The government has two ways to generate wealth – either by tax hikes or economic growth. Our policy is not to increase taxes. I can announce that in the upcoming budget we will continue to work on our electoral mandate and lower taxes by implementing the second instalment of tax refunds.” He further emphasised the importance of strengthening the economy by creating jobs through as many avenues as possible. “To do all this we need the economy to grow, and we do this by creating jobs. We do this by not only by increasing jobs in existing sectors but also by creating new sectors. My job is to go to countries … [Read more...] about PM praises ‘stable and calculated’ politics, says budget to include more tax refunds
COUNCILS are set to be given new powers to charge QUADRUPLE the tax on homes which have been left empty for years - in a bid to tackle the housing crisis. Under new tweaks, ministers will go even further than their plans to double council tax bills on vacant homes. If a home has been empty for more than five years, authorities will have the power to triple the council tax, and if its unoccupied for more than a decade, it can be quadrupled. Homes which have been empty for between two and five years will get slapped with double council tax bills. Ministers made the changes in the House of Lords today on the Rating (Property in Common Occupation) and Council Tax (Empty Dwellings) Bill. The new powers are expected to come into force from 2019 onwards. The Government wants the extra cash to go towards vital other council services - and to keep council taxes down for hardworking families. Currently there are 200,000 homes which lie empty for six months or more. The number has been … [Read more...] about Councils set to be given power to QUADRUPLE tax on homes left empty in bid to tackle housing crisis
Business By Kevin Peachey Personal finance reporter 28 June 2018 Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link https://www.bbc.com/news/business-44633411 Read more about sharing. These are external links and will open in a new window Close share panel Hotel booking sites must review the way they rank and display rooms, the UK's competition watchdog … [Read more...] about Watchdog takes aim at hotel booking sites