5 d. ago New calls to increase Inheritance Tax threshold to £1 million

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

Economics

5 d. 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

7 d. 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

1 week 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

1 week 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

1 week 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

1 week ago Calls for personal tax allowance to be increased to help people pay bills

The current personal tax allowance is £12,570

Economics

1 week 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

1 week 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

2 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

2 w. ago New calls to exempt people from paying National Insurance Contributions after 35 years

A new online petition is urging the UK Government to change the current policy on National Insurance deductions.

Politics

2 w. ago UK economy posts surprise 0.3% growth in three months to June

GDP figure slower than previous quarter but beats expectations thanks to 0.4% expansion last monthThe UK economy grew at a faster rate than expected in the second quarter, official figures show, despite pressure on households and businesses from tax increased and Donald Trump’s global trade war.Figures from the Office for National Statistics showed growth in gross domestic product (GDP) slowed to 0.3% in the three months to the end of June, down from a rate of 0.7% in the first quarter. Continue reading...

Politics

2 w. ago Voices: Labour can’t hit ‘working people’, so now they’re after people who used to work

Whatever weasel words they may use to justify any changes to inheritance tax, the message is clear: you’re better off not making money under Labour, because they will get you in the long run, writes Chris Blackhurst

Events

3 w. ago Fury in iconic EU city as locals demand raising tourist tax in huge crackdown

One of the most iconic EU cities is under pressure to increase its tourist tax following outrage from locals - who argue their home is being turned into a theme park

Politics

3 w. ago College endowment tax is leading to hiring freezes and could mean cuts in financial aid

An increase in the tax on university endowments is creating financial challenges for the wealthiest U.S. colleges

Economics

3 w. ago Rachel Reeves told to find £40bn through 'sustained' tax increases

Reeves will now need to make 'unenviable decisions' to meet the costs of weaker economic forecasts and higher spending.

Economics

4 w. ago Reeves warned of ‘impossible trilemma’ on tax, spending and fiscal rules

Think-tank Niesr urges chancellor to increase income tax rates at her next Budget

Events