Today is Tax Freedom Day, 6 tips to reduce your tax bill

clouds in shape of figureToday is Tax Freedom Day, the day in the year when you theoretically stop paying over your earnings to the government, in various forms of tax and start working for yourself. The exact date of Tax Freedom day is calculated each year by the Adam Smith Institute. This year they have revealed the average employee will have to work 150 days to cover their tax bill and things are getting worse. Successive governments have increased ...

Autumn Statement 2012: The headlines

George Osborne 150pxToday’s Autumn Statement by Chancellor. George Osborne, had the distinct feel of a full on Budget, with wide ranging measures that will affect pension savers, business owners, employees, and pensioners. Despite admitting that he will miss one of the key targets he’d previously set, the Chancellor began his Autumn Statement in a bullish fashion, saying: “Our economy is healing”, “Britain is on the right track” and “Turning back now would be a disaster.”...