Chancellor Rachel Reeves will introduce a new surcharge on more than 100000 of Britain’s most valuable homes as part of measures aimed at balancing government finances and increasing taxes on
All posts tagged in council tax
9Articles
The Treasury is reportedly preparing plans to update the valuation of homes in the highest three council tax bands, F to H, as part of the upcoming Budget 2025. For
Labour’s forthcoming Budget is expected to introduce a new tax surcharge targeting England’s most valuable homes as part of efforts to stabilise public finances. The proposed levy will affect properties
The Chancellor, Rachel Reeves, is poised to unveil a new property tax surcharge targeting middle class and affluent homeowners, as the government seeks to generate £25 billion to stabilise UK
The Chancellor faces a gap of at least £20 billion in the upcoming November budget, demanding a strategy that is both effective and politically viable. Enhanced tax receipts have offered
Councils across the United Kingdom are facing a £4 billion financial black hole, despite an emergency government funding boost last year, according to new findings by Unison, the country’s largest
Across England, local councils are under growing financial strain as they struggle to balance budgets in the face of sharply rising costs and demand for adult social care. The latest
Senior Treasury officials are evaluating ambitious plans to replace stamp duty with a national property tax targeting homes sold for more than £500000. The proposal, being scrutinised ahead of this
Britain’s local authorities are grappling with soaring debt, with almost £1 in every £5 raised in council tax now allocated to servicing interest payments. New figures reveal that councils collectively
