Business and Tax News - Aug 2023

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Business and Tax News For Aug 2023 by the UK's number one tax calculator website!

Chancellor May Be Able To Lower Taxes If Lower Borrowing Continues

23 August 2023 11:49am

UK BUDGET

Chancellor May Be Able To Lower Taxes If Lower Borrowing Continues

Next General Election due before Jan'25 and Labour currently ahead in polls - would Hunt be able to use tax cuts to sway voters?

1,905 views

Bank of England Raises Interest Rates Again To 5.25 Percent

3 August 2023 12:26pm

PERSONAL TAX

Bank of England Raises Interest Rates Again To 5.25 Percent

14th increase in a row by the Bank of England. Not as sharp a rise as previous increase but inflation still sits at near 8 percent - 4x the target.

2,268 views

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