An Isle of Wight Council initiative to help residents get a foot onto the property ladder is set to get the go-ahead. A delegated decision report published today recommends the council establishes a £1m First Time Buyer Fund .
HM Revenue and Customs (HMRC) is reminding people in the South with an income over £60,000 whose family is still receiving Child Benefit to opt out before 28 March if they wish to avoid filling in a tax return and repaying the benefit for the 2013/14 tax year.
Council tax on the Isle of Wight will remain frozen for a third successive year. Council leader David Pugh said careful budget management had enabled the council to not only keep council tax at 2011/12 levels but also to continue to introduce initiatives that would benefit residents and the economy.
The Isle of Wight Council is set to establish a £1 million First Time Buyer Fund to help Island residents take their first step onto the property ladder and provide a much-needed boost to the local housing economy.
Thousands of working age residents – who will shortly be asked to contribute to their council tax bill for the first time – are to receive advice in a letter from the Isle of Wight Council.
Self Assessment tax cheats will be targeted by a new HM Revenue and Customs taskforce. The taskforce will put the spotlight on people abusing the Self Assessment system fraudulently to claim back money they are not entitled to. It is expected to recover £6 million and prevent future fraudulent repayments being claimed.
Hampshire Police and Crime Commissioner Simon Hayes hosted his last major public consultation event on Saturday, February 2, prior to finalising his Police and Crime Plan.
Further details have been released about how residents can spread the cost of their Isle of Wight council tax over a full year.