The Government may have to add 7p to every £1 of basic rate income tax due as part of efforts to cut the national debt, according to a report published today.
You have just days to submit your 2008/09 self assessment tax return on paper or risk a fine. And there's also a national postal strike to contend with.
Savers can earn over ten times the current Base Rate but huge numbers are still stuck in decrepit accounts paying paltry returns. In some cases, savers are earning no interest whatsoever.
Millions of self assessment taxpayers are being encouraged to pay their tax in advance by the Government. However, you could be missing out on hundreds of pounds in interest via this option.