View more on these topics

Chancellor will be best remembered for first act

Chancellor Gordon Brown will be best remembered for granting the independence of the Bank of England, a poll by accountants Baker and Tilly reveals.

After10 years as chancellor of the exchequer one in four people believe that his first major policy decision granting will be his greatest legacy.

However, the poll results were not an endorsement of the chancellor as 22% of people said he would be best remembered for removing the dividend tax credit for pension funds and 16% said it would be for raising the tax burden through fiscal drag.

George Bull, head of tax at Baker Tilly, says: It is interesting that the two best-remembered issues, one positive and one negative, come from very early in the chancellors occupancy of number 11.

Politicians, it seems, not only have to have to answer the question What have you done for me? but also What have you done for me recently?

Another finding from the research was that the most popular Budget announcement the chancellor could make would be to raise the inheritance tax threshold, with 28% naming this as their priority issue.

Lowering income tax and re-introducing repayable tax credits on dividends were the priority for 17% of those questionned.

Bull adds: When asked how much they would be prepared to pay in green taxes to fight climate change, 46% of respondents would pay up to 5 per 100 pounds of their disposable income.”

A further 23% would pay 5-10, while 23% were not prepared to pay anything at all.

In other words, 77% of respondents are prepared to pay green taxes to fight climate change.


BDM for Money Partners Touch

Money Partners Touch has promoted James Hope to the role of business development manager for London and the Home Counties. Covering the capital plus Hertfordshire, Essex, Kent, Surrey and Buckinghamshire, He will be responsible for building relationships with brokers and IFAs and report to sales director Martin Gilsenan.

DB holds less 5% of its own shares

Deutsche Bank has disclosed that it holds less than 5% of its own shares.From March 21, DB shares declined to 4.63% of its issued share capital.Under German regulations, an investor is required to disclose his shareholding in a company if it breaches certain levels, such as 3%, 5%, 10% and 20%.

AToM appoints RDMs for the North

All Types of Mortgages has appointed David Cadwallender as regional development manager for Yorkshire. David joins Peter Eckersley the RDM for the North-East and Martin Roby the RDM for Liverpool.David Cadwallender joins AToM from Mortgage Brain, where he was business development manager covering the North of England, Scotland and Northern Ireland areas. Cadwallender’s responsbilities included […]

Brown’s zero carbon Stamp Duty exemption is an “empty pledge”

SmartNewHomes calls Brown’s pledge to exempt zero carbon homes under £500,000 from Stamp Duty an “empty pledge”.David Bexon, managing director of, says: “I welcome any initiative that aims to cut carbon emissions and encourage the future development of zero carbon homes across the UK. “However, I fear that Government’s latest pledge of Stamp Duty […]

Budget summary – March 2016

This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]


News and expert analysis straight to your inbox

Sign up