Chancellor George Osborne will deliver the emergency Budget on 22 June, it has been announced.
The rate of Value Added Tax is set to increase under the new Government, according to a recent study.
The Government’s boiler scrappage scheme has proved to be a popular measure, with all of the vouchers available to English households having been claimed by 26 March.
With the Conservative and Liberal Democrats locked in negotiations for a possible coalition government, business groups have called for a swift and decisive resolution to the UK’s political uncertainty, after last week’s election resulted in a hung parliament.
Cases of identity fraud increased by more than 20% in the first three months of 2010, according to new figures from CIFAS – the UK’s Fraud Prevention Service.
The Government is on course to net an extra £10 billion in income tax in 2010/11, according to official estimates from HM Revenue and Customs (HMRC).