Chancellor Rachel Reeves has opted to place a freeze on income tax thresholds at the core of the upcoming budget, abandoning plans for an increase in the basic income tax
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Labour has decisively withdrawn proposals for a significant rise in income tax that would have breached its manifesto commitments. The change of direction was submitted to the Office for Budget
Rachel Reeves, the Chancellor, has signalled that her upcoming budget on 26 November may deliver sweeping tax increases, foreshadowing a pivotal moment for the government under mounting financial pressures. Her
Tens of thousands of high earners across Britain are deliberately holding back their reported income to avoid a punitive tax threshold at the £100,000 mark, recent analysis reveals. The pattern
The UK Government is at a crossroads regarding the future of electric vehicles with new proposals for a pay per mile tax expected to be announced in the upcoming Budget.
Standing beside Revolut founder Nik Storonsky at the companys opulent new London headquarters, Chancellor Rachel Reeves praised his commitment to investing in Britain, calling it a signal of confidence in
The United Kingdom is projected to endure its lowest rate of economic growth in a hundred years, with new tax increases being developed by Chancellor Rachel Reeves. Analysis by Andrew
Plans to introduce a new electric vehicle (EV) pay-per-mile tax have taken a significant turn, as van drivers are set to be exempt, while plug-in hybrid vehicles (PHEVs) will not
James Libson, managing partner of the prominent law firm Mishcon de Reya, has issued a stern warning about the proposed tax rises on limited liability partnerships LLPs set to be
Dominic Mansour chief executive of Buzz Bingo has raised serious concerns about potential closures across the company’s 79 bingo halls should the government proceed with new tax increases on the
A company closely tied to former Conservative peer Michelle Mone is facing scrutiny following revelations of massive debts and allegations of supplying unusable personal protective equipment during the pandemic. PPE
Electric vehicle owners across the United Kingdom are set to encounter a significant shift in motoring costs, as the government prepares to unveil a new pay-per-mile tax in the forthcoming
Labour ministers are facing mounting fiscal challenges in the run-up to the highly-anticipated November budget, with Chancellor Rachel Reeves reportedly considering over one hundred separate tax and spending measures to
Wealthy Britons considering relocating to low tax jurisdictions may soon find themselves facing a significant financial sting as government plans emerge to introduce a so called settling up charge on
Rachel Reeves is preparing a potential £4 billion tax raid targeting generous pension perks, with higher earners and large firms likely to bear the brunt. The Chancellor is expected to
Rachel Reeves, the Chancellor, is considering a bold and controversial move that could see Labour breach its 2024 manifesto commitments. Sources inside the Treasury indicate that a 2p rise in
