Nigel Holland “As inflation recedes and interest rates remain high, the Bank of England grapples with diverging views among policymakers, potentially risking over-tightening. Governor Bailey and Chief Economist Pill’s differing opinions on rate cuts fuel...
Nigel Holland “The Growth Commission warns of two decades of stagnation due to high taxes, low productivity, and red tape.” Quotation by Nigel Holland. Liz Truss’s taskforce advocates tax cuts for economic growth. GDP per head to grow by just 1%...
”Chancellor Jeremy Hunt plans a £10 billion tax cut for businesses through extended ‘full expensing’ as outlined in the Autumn Statement. Despite ruling out inflationary measures, major personal tax cuts might wait until spring.” Quotation by Nigel...
Nigel Holland “HMRC plans to implement an ‘annualized hours’ pilot scheme, offering customer service staff a 1% pay increase in exchange for giving up flexible working. This initiative aims to tackle the poor customer service reputation faced by...
Nigel Holland “Gerald and Sarah Lee’s 7-year battle with HM Revenue and Customs over a £158,000 capital gains tax bill has opened the door for potential refunds for many self-build homeowners. The dispute centred on when Private Residence Relief applies,...
Benefits claimants could face weekly bank account data checks to prevent fraud, saving £500 million in five years. Banks will run these checks, triggering red flags for fraud risk. Quotation by Nigel Holland. Nigel Holland Weekly bank account data checks proposed for...