Motability, the UK scheme providing cars for disability benefit claimants, has come under fire amid allegations of mismanagement and over-generosity. With a growing customer base and increased public scrutiny, the
Tax13- Page
276Articles
HM Revenue & Customs (HMRC) is conducting an extensive investigation into 33 professional football clubs that are suspected of exploiting the Research and Development (R&D) tax relief scheme, with claims
Donald Trump’s new economic policies have once again sparked a dramatic reaction in global markets. His administration’s latest initiative, the One Big Beautiful Bill Act, promises sweeping tax cuts and
A significant sell-off in global bond markets has gained momentum following the passing of President Trump’s sweeping tax bill through the US House of Representatives. The controversial legislation, which adds
Luxury retailers and fashion houses are renewing calls for the reintroduction of tax-free shopping for international tourists as transatlantic trade faces increased pressure from US tariffs. Leading UK trade bodies
The yield on 30-year US government bonds, often referred to as treasuries, surged to 5.03% on Monday, reaching its highest level since November 2023. The increase follows a contentious vote
Wealthy individuals across Britain may be dodging more tax than previously estimated, as revealed by a new report from the National Audit Office (NAO). The findings come amidst a dramatic
Fossil fuel reserves in the North Sea are depleting at an accelerated pace, leading to inevitable job losses across the sector. A new report suggests that a permanent windfall tax
Harbour Energy, the largest oil and gas producer in the North Sea, has announced plans to cut 250 onshore jobs, representing up to a quarter of its North Sea workforce.
New car sales in the UK fell by over 10 per cent in April, reversing the strong gains seen during March, the month of seasonal number plate changes. The decline
The government has announced plans to expand the current sugar tax to include pre-packaged milkshakes and lattes, marking a significant shift in its strategy to tackle obesity and improve public
China’s currency has depreciated to a 20-month low in response to escalating trade tensions with the United States. The renminbi, which is subject to a fixed trading range set by
Alastair King, the Lord Mayor of London, has found himself under intense scrutiny following his provocative campaign aimed at revising tax benefits associated with cash ISAs. His suggestions have sparked
British Steel stands on the brink of potential closure as it races against time to secure a taxpayer-backed rescue deal. The company, owned by China’s Jingye, has issued a stark
The owner of B&Q, Kingfisher, has called on Rachel Reeves to reconsider planned tax increases for retailers ahead of Wednesday’s spring statement. The retail industry faces rising costs due to
The use of hotels to house asylum seekers is set to continue for years, according to a recent Treasury report. The government has attributed this to ongoing global instability, which