4 d. ago Starmer leaves door open for tax rises to fund rise in defence spending

IFS director Paul Johnson warned that the £30bn increase in defence spending would need to be funded by tax rises

Economics

6 d. ago Surge in firms using loans to pay tax bills amid April increases

Billions of pounds of tax and VAT payments are set to be covered by credit and financing arrangements this year, according to Premium Credit.

Economics

1 week ago UK transport secretary calls HS2 an ‘appalling mess’ as she confirms delay

Heidi Alexander vows to ‘sort out’ HS2 project; UK inflation dips to 3.4% as transport costs ease while food prices jumpUK inflation eases to 3.4% amid falling fuel and air fare pricesInflation pressures remain sticky in the UK, according to Rob Wood, chief UK economist at Pantheon Macroeconomics.Looking ahead, we continue to expect CPI inflation to average 3.4% for the rest of the year as strong wage growth, minimum wage hikes and tax increases pass through to retail prices. We think headline inflation will struggle to dip below 3% before April 2026. By that point, inflation will have been above target almost continuously for five years, risking further deanchoring of inflation expectations and persistent wage pressure.Granted, US president Trump’s trade war could lead to some diversion of Chinese exports previously bound to the US, which could cut UK inflation. But war in the Middle-East has boosted oil and natural gas prices, adding 10bp to our forecast inflation peak and risks p...

Politics

1 week ago Scottish property investors face increased HMRC scrutiny as tax enforcement Intensifies

Former revenue inspector publishes analysis highlighting compliance challenges for Scotland's landlords amid rising penalties.

Economics

1 week ago Tax and labour increases costing average pub £14,000, says industry body

The British Beer and Pub Association urged the Government to reform business rates quickly to help offset recent cost rises.

Economics

2 w. ago Council tax bills set to rise at fastest rate for two decades, economist warns

Rachel Reeves said that ministers will not be ‘going above’ the 5% annual increases in council tax.

Events

2 w. ago Labour's 'dangerous' spending spree stokes tax rise fears: Brits warned of looming increases as Rachel Reeves lays out 'unrealistic' spending plans TODAY

The Cabinet is signing off the spending review before the Chancellor announces the details in the Commons at lunchtime.

Events

2 w. ago Will Rachel Reeves launch a tax raid on the wealthy and how could it work?

Rachel Reeves' u-turn on winter fuel payments and increased spending will need to be paid for. Most experts think tax rises in the Budget are now inevitable.

Economics

2 w. ago Will the Chancellor launch tax raid on the wealthy and how could it work?

Rachel Reeves' u-turn on winter fuel payments and increased spending will need to be paid for. Most experts think tax rises in the Budget are now inevitable.

Economics

2 w. ago UK unemployment rises to highest level since 2021 as job vacancies fall

Experts have blamed a slowdown in the jobs market on a tax and cost increases for employers announced by Chancellor Rachel Reeves in the autumn Budget

Politics

3 w. ago Voters overwhelmingly back tax on wealthy to protect public services

A poll commissioned by the Trades Union Congress (TUC), found the public support tax increases on the wealthy and big businesses by a margin of almost two to one - 58% to 28%

Politics

3 w. ago How far would you go to avoid your personal tax raid? This is Money Podcast

Tax is an increasingly taxing subject for many people who feel hard done by as Britain's complicated system catches them out.

Economics

3 w. ago Georgia school district considers property tax hike to pay for school officers after shooting

Officials in the Georgia school district where four people were killed in a September school shooting are considering a property tax increase to pay for school-based police officers

Events

3 w. ago How to check using a number plate checker if the £150 DVLA car tax increase affects you

The DVLA car tax is set to increase for some drivers but many are unaware that they will be affected

Economics

3 w. ago I've had a big pay rise to £125,000 should I salary sacrifice as much as possible into my pension?

My promotion and pay increase fall almost entirely into the 60% tax trap and I am worried that the government will change salary sacrifice and I'll lose out.

Economics