The British government is contemplating significant modifications to inheritance tax rules for farmers aged 80 and above, marking a potential retreat from controversial reforms announced in October. This development emerges
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Rachel Reeves, the Labour Chancellor, has made an unequivocal commitment to maintain current tax levels during the next budget, emphasising the government’s dedication to fiscal responsibility within established spending parameters.
In a landmark fiscal announcement, Labour’s Chancellor Rachel Reeves has unveiled a transformative budget featuring £40 billion in tax increases, marking a significant departure from previous Conservative policies. The comprehensive
The United Kingdom’s escalating tax burden has pushed government revenues nearer to European Union levels than witnessed in decades, marking a significant transformation that Labour’s Rachel Reeves is poised to
Fears that the Labour government would increase the capital gains rate on shares during the budget next week has led to a rush of retail investors into the government bonds
Rachel Reeves’ budget will increase the capital gains tax rate on the sale and transfer of shares, other assets and property but not for second homes. The capital gains tax
Rachel Reeves ruled out an exit tax for wealthy people who leave the UK in order to avoid higher taxes, in this month’s Budget. Meanwhile, business is bracing itself for
Stefano Vaccino gave a blunt appraisal of the risks involved in starting a new business. “As founders we left our secure jobs to take risks, put our own lives and
TotalEnergies’ chief executive said that the French oil major would reduce its investment in the UK if the government increased the windfall tax. Patrick Pouyanne says the plans of the
In the wake of Sir Keir Starmer’s keynote speech in Downing Street, wealthy households and businesses across the UK are preparing for potential tax increases as the government aims to
As Prime Minister Keir Starmer warns of “painful” decisions ahead for the UK’s public finances, speculation is mounting about which taxes could be raised in the upcoming Autumn Budget. While
The UK government’s borrowing figures for July have surpassed expectations, reaching £3.1 billion, which is more than double the amount recorded in the same period last year. This higher deficit
Income tax receipts soared to an impressive £32.7 billion in July, marking the highest figure for that month since records began in 2008, according to the latest official data. This
London has always been a favourite among the rich and famous because of its well-connected financial center, which also offers a great deal in terms of culture. The UK capital
The tax officials have been under pressure to release estimated figures about offshore taxes avoided, after they withheld the information from a report that was published during the campaign. Lucy
This year, the number of UK residents paying the highest rate of income tax will surpass £1 million for the first. The state’s finances are boosted by a freeze on
