Climate change, despite the best efforts of the Credit Crunch, is still top of the agenda. Various Government Departments’ constantly urge commuter’s to ‘leave the car behind and use public transport’. The Chancellor has changed Vehicle Excise Duty (Car Tax) to penalise those with high CO2 outputs, parking costs are always increasing, insurance tax [...]
Monthly Archives: September 2008
Relocation Tax Allowance needs increasing at the next budget
September 11, 2008 – 2:46 pm
The £8000 HMRC Tax Allowance for UK Taxpayers who are relocating has not been changed since 1993 - a staggering 15 years.
The allowance was originally introduced to promote labour mobility to develop talent. The allowance also provided a method for companies to support the employee without tax penalty and without having to engross the financial [...]