Rachel Reeves is set to announce a substantial increase in welfare spending in the upcoming Budget, signalling a significant shift in government policy. The new measures will end the two-child
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The Chancellor Rachel Reeves has found herself with limited choices in crafting the next Budget, resorting to an array of minor tax increases as plans to raise income tax rates
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
UK annual inflation, as measured by the Consumer Prices Index, slowed to 3.6 percent in October, offering the first relief in five months and raising prospects of a potential interest
Luxury hotelier Sir Rocco Forte has publicly criticised Labour’s emerging plans to introduce a Venice style tourism tax across England warning of potentially damaging consequences for the hospitality sector. The
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
A proposed clampdown on tax advantages attached to salary sacrifice schemes risks disincentivising pension saving in Britain and penalising responsible employers, according to Dame Amanda Blanc, chief executive of Aviva.
Labour has decisively withdrawn proposals for a significant rise in income tax that would have breached its manifesto commitments.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
Unemployment in the United Kingdom has reached its highest rate since the third national pandemic lockdown, according to recently released official data. Figures from the Office for National Statistics revealed
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.
Rachel Reeves’s widely anticipated move to increase gambling taxes in her upcoming 26 November Budget is being met with serious warnings from industry experts. According to a recent report by
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
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
The Chancellor has openly hinted at an incoming increase to income tax, signalling a decisive shift in the government’s approach to tackling the UK’s fiscal deficit. Following her speech at
