4 h. ago How much does your town pay in inheritance tax? Our interactive map reveals the hotspots across Britain

The number of families paying inheritance tax is increasing every year, with the latest figures, which cover the 2022-23 tax year, indicating a 12% jump to over 31,000.

Economics

5 h. ago John Lewis and Waitrose boss blames Rachel Reeves' tax hikes as losses balloon to £88m

John Lewis Partnership losses deepened following Labour's tax raid last year, but its boss has insisted there is 'good momentum' for the group's turnaround.

Economics

5 h. ago John Lewis: Losses widen but has the ‘darling of the middle classes’ turned a corner?

“Our clear focus on accelerating investment in our customers and our brands is working” – Jason Tarry, chairman

Politics

8 h. ago Losses widen at John Lewis Partnership after Budget tax increases

However, the employee-owned group said it is still ‘well positioned’ to deliver profit growth for the full year.

Economics

8 h. ago Former champion trainer John Gosden makes impassioned speech against increase in horseracing tax

Gosden said that the implications of the tax increase are ‘very dangerous’ to the existence of the sport

Economics

21 h. ago Top trainer warns of 'very dangerous' consequences of tax rise for racing

John Gosden was among a number of major figures from the sport who descended on Westminster to protest against a proposed increase in tax on betting

Events

28 h. ago State pension 'tax exempt' Treasury update as MPs demand more answers

Rachel Reeves response to calls was not sufficient, MP committee ruled as pensioners face increased tax raids

Economics

29 h. ago Pensioners given £1,000 savings warning as tax set to 'rapidly escalate'

The proportion of total savings interest tax paid by those aged over 65 is set to increase from 39% to 41% this tax year, according to an analysis by Paragon Bank

Economics

3 d. ago Bring in a wealth tax, boost benefits and increase workers' rights union boss tells Starmer as PM faces pressure from Labour's paymasters to turn left

TUC general secretary Paul Nowak urged the Government to show workers 'whose side you are on', as he addressed its annual congress in Brighton.

Economics

8 d. ago Rachel Reeves’s autumn budget will take place on 26 November

Treasury reveals date as speculation rises over potential tax increases to plug deficit in public finances of up to £40bnBusiness live – latest newsRachel Reeves’s autumn budget will take place on 26 November, the Treasury has announced, amid mounting speculation over tax increases.With the government under pressure on the economy, the chancellor has previously said measures designed to reboot growth would form the basis of her highly anticipated tax and spending plans. Continue reading...

Politics

2 w. ago New calls to increase Inheritance Tax threshold to £1 million

The UK Government will introduce changes to Inheritance Tax in 2027.

Economics

2 w. ago Landlords could face £2billion tax increase under Rachel Reeves plans to plug black hole

Labour insiders have suggested property income could be 'a significant potential extra source of funds' and landlords were a way of targeting 'unearned revenue'

Economics

2 w. ago New call to scrap National Insurance deductions and increase the number of tax bands

A new online petition also proposes increasing the Personal Allowance to help people with daily living costs.

Politics

2 w. ago Rachel Reeves set to launch 'stealth tax raid' on workers to help fill Labour's £50bn black hole in public finances

The Labour minister is reportedly set to introduce a six-year freeze on income tax thresholds rather than increasing them in line with the cost of living or inflation .

Economics

2 w. ago HMRC legal tax loophole people are urged to exploit as huge increase looms

An expert has warned that inheritance tax receipts are set to double over the next five years, reaching a staggering £14.3bn

Politics

2 w. ago Economy experts warn UK Government will have to raise taxes at Autumn Budget

The Labour Government has ruled out increasing income tax, employees’ National Insurance Contributions and VA.

Events

2 w. ago Calls for personal tax allowance to be increased to help people pay bills

The current personal tax allowance is £12,570

Economics

3 w. ago Inheritance tax receipts hit record high as high property prices drag more families into the net

The nil rate band remains frozen until 2030, and with property prices still elevated, an increasing number of families will have to pay the death tax.

Society

3 w. ago Increased betting tax would be a hurdle that horse racing may not overcome

Comment: Why a proposal from the government to change the betting tax could devastate this integral part of British culture

Politics

3 w. ago Worrying number of pubs and restaurants that have put prices up revealed

Tax increases announced by Labour to tackle a hole in the public finances have led to price increases and job cuts throughout the hospitality sector, say bosses, as they called for help from the Chancellor

Politics