Private equity bosses have avoided paying income tax on a trillion dollars of gains June 13, 2024 “All the governments are talking about taxing carried interests. So my role is to provide the best estimate of the number,” Phalippou told the Financial Times.
Election 2024: Three things to watch out for in Labour’s manifesto June 13, 2024 Here are three things to watch out for in Labour’s manifesto that might shape the campaign to come.
Labour worked hard to woo business, but now comes the real test June 13, 2024 The Tory party manifesto, undeliverable and shaky though it was on the numbers, did have something going for it. The gradual abolition of national insurance to be replaced with a single income tax; more housebuilding; cutting the time it takes to get spades in the ground on major infrastructure projects. If you take it at [...]
‘It would be the death of entrepreneurship’: City alarm over Labour capital gains hike June 12, 2024 A move to hike capital gains tax could spell the “death of the entrepreneurship” in the UK, a top City figure has warned, after the Labour party failed to firmly rule out the move this week.
Election 2024: Lib Dems would seek to rejoin EU single market June 10, 2024 The Liberal Democrats would seek to rejoin the EU’s single market, they revealed at their manifesto launch today.
Reeves being lobbied to hike capital gains tax by Labour party June 6, 2024 Rachel Reeves is facing pressure from members of her own shadow cabinet to raise capital gains tax in her first autumn budget should Labour be elected on July 4.
Safe as houses: is it time to introduce a wealth tax? March 30, 2024 Wages in the UK have flatlined since the financial crisis of 2008. Yet in that time, the country’s richest 1000 families have seen the value of their assets triple. Should we think more seriously—and progressively—about the way we tax wealth?
Spring Budget 2024: Renters worry as Hunt coaxes landlords to sell with capital gains tax cut March 6, 2024 Today's Spring Budget saw landlords receive a surprise handout from Chancellor Jeremy Hunt after he cut the rate of capital gains tax applying to residential property by four per cent.
Britain needs to grow up – and have real conversations about the economy February 26, 2024 The UK’s economic problems clearly run deep, and tax cuts alone will not fix them, argues Julian Jessop
Starmer paid more than £99,000 in tax, latest return shows February 17, 2024 Sir Keir Starmer paid £99,431 in tax last year, according to a summary released by Labour, after making £275,000 in capital gains.