3 h. ago Podcasters and influencers: The unexpected jobs covered under Trump's 'no tax on tips' plan

The Treasury Department has released a preliminary list of jobs exempt from income tax on tips, including food service, concierge, and salon workers

Politics

11 h. ago Starmer's new economics advisor said Labour should rip up election promises and raise income tax and VAT to boost growth

Baroness Minouche Shafik, who was appointed to No10 on Monday, used an interview earlier this year to suggest upping income tax and VAT to boost Treasury coffers.

Economics

3 d. ago Rachel Reeves' plan to raise landfill tax could add £24,000 onto price of new

Industry chiefs fear the Chancellor's 'insane' proposal could see a 36-fold increase to the levy, causing construction costs to skyrocket.

Economics

5 d. ago Rachel Reeves told to grant Sadiq Khan more powers to raise tax

Rachel Reeves told to grant Sadiq Khan more powers to raise tax  Daily Express

Politics

5 d. ago Nicola Sturgeon exploits loophole which avoids paying higher income tax introduced by her OWN government

Former First Minister Nicola Sturgeon has now withdrawn a total of £30,000 in dividends from Nicola Sturgeon Limited since January, according to her updated Holyrood register of interests.

Politics

5 d. ago Windfall tax on banks could raise £8bn a year, Rachel Reeves told as she seeks to plug Budget black hole

This money is then partly being funnelled to bank shareholders due to a ‘flawed’ policy design, a new report says

Economics

5 d. ago Trump cuts off aid groups from helping undocumented immigrants during disasters

New rules for disaster relief funding could prevent undocumented immigrants from life-saving support

Events

6 d. ago Rachel Reeves warned hiking levies on landlords will 'hurt tenants' with increased rents and fewer homes amid fury at 'Baldrick' Chancellor's latest property tax raid

The Chancellor is reportedly considering a tax raid on landlords by imposing National Insurance on rental income as she looks to plug a £50billion spending hole.

Events

6 d. ago Kirstie Allsopp leads fury at Rachel Reeves' latest property tax raid: Anger at Chancellor's 'cunning plan' to hike levies on landlords sees her accused of 'running the economy like Baldrick'

Treasury officials are said to be looking at proposals to levy £2billion from property earnings as they scramble for revenue-raisers ahead of the Budget this autumn.

Economics

6 d. ago Rachel Reeves 'plots tax raid on landlords by applying National Insurance to rental income' as Chancellor looks to plug £50bn spending hole

Treasury officials are said to be looking at proposals to levy £2billion from property earnings as they scramble for revenue-raisers ahead of the Budget this autumn.

Economics

6 d. ago Rachel Reeves 'plans tax raid on landlords' as she looks to raise £2 billion

Proponents of the tax say landlords have been seen as a way of targeting ‘unearned revenue’

Economics

7 d. ago One million pensioners to pay higher rate of income tax in retirement this year

The Personal Allowance will be frozen at £12,570 until April 2028.

Economics

8 d. ago 'Stealth tax' could see workers on £35,000 a year paying £926 more

The Chancellor has indicated that the freeze on income tax thresholds will be lifted in 2028, but the UK's worsening financial situation may force her to extend it

Economics

9 d. ago The Democrats are in deep trouble in the US – and Labour is on the way to joining them | Nesrine Malik

When millions of once-loyal supporters become disillusioned with a party, there can only be one result: electoral disasterThe measure of a political party’s failure lies not in how many agnostics and opponents it fails to convert, but in how many loyalists it fails to preserve. The endorsement of new, unnatural voters – Latinos in the US for Donald Trump, or Tories voting for Labour for the first time – might deliver big electoral swings but is ultimately not sticky. And these votes are only meaningful if the bedrock is solid. That bedrock is the people who consistently show up, no matter what, from generation to generation, for a party. And the Democrats are losing them.In extensive research published last week tracking voter registration, the New York Times identified an alarming pattern. The Democratic party has been “haemorrhaging” voters since way before election day. In the states that track voter registration by political party, Democrats lost to Republicans in all of them in...

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 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 Voices: What is the fairest way to tax property in the UK? Join The Independent Debate

Readers are divided over the fairness of proposed reforms to UK property taxes, debating whether they tackle unearned wealth or unfairly penalise ordinary homeowners

Society

1 week ago Can a nation in crisis rely on the baby boomer generation to step up? I think the UK is about to find out | Phillip Inman

A raid on property wealth and pensions is being signalled by the Treasury, and it has sound reasons for doing just thatDear baby boomer, the government is coming for you and your store of wealth. The property and pensions built up over the past 40 to 50 years are, for the first time, in play. The triple lock on the state pension might be guaranteed, at least for the time being, but for the wealthier boomer, it looks like their private assets are being laid out on a chopping board, ready to be carved like a Sunday roast and fed to hungry government departments starved of funds for almost two decades.These are desperate times and taxing the wealthy is a desperate measure. No government wants to do it. If you tax the rich, they might fly away in their private jets. That’s happened in Norway, one of the few European countries to retain a wealth tax. It’s true that older middle-income voters are more likely to stay put, but they also have a tendency to vote with their self-interest in mi...

Events

2 w. ago Fears new Labour property tax will hit the hardest workers, as Rachel Reeves's minister refuses to rule out controversial new levy to replace stamp duty

Labour vowed before the last election that it would 'not increase taxes on working people', ruling out rises in National Insurance, income tax or VAT.

Politics

2 w. ago ‘Appeasing bullies never works’: Readers split over Trump’s push for Putin

Our community is divided over Trump’s push for peace talks with Zelensky and Putin. While some feared he would concede too much, others warned that his approach would only embolden Putin

Politics