Hargreaves Lansdown launches five online VCTs after Budget tax hikes November 25, 2024 Hargreaves Lansdown has launched a new online venture capital trust (VCT) investment service following tax hikes introduced in last month’s Budget. The new service will begin by offering five VCTs, which includes two AIM VCTs from Octopus and its Apollo VCT, Blackfinch Spring VCT and Calculus VCT. The news comes following a host of tax [...]
Starmer: People who receive income from shares aren’t working people October 25, 2024 Sir Keir Starmer has said that people who get additional income from shares or other assets do not count as 'working people'.
It’s hard work working out what ‘working people’ means October 22, 2024 Politicians do like to lump people together. In recent years we’ve had the squeezed middle, the just-about-managing, hard working families and (who could forget?) Nick Clegg’s “alarm clock Britain.” To this list of amorphous jargon we must now add “working people.” Labour figures have been leaning on the phrase for months, not least as part [...]
Budget: Minister refuses to rule out tax rise for £100,000 earners nine times October 21, 2024 A government minister has refused to rule out whether Labour would increase taxes on those earning more than £100,000 at the Budget. Speaking to Sky News, care minister Stephen Kinnock refused nine times to say whether – under Labour’s definition – someone earning a six figure salary would see their taxes go up. Labour’s election [...]
‘No plans’ to raise council tax but cut to discount not ruled out September 2, 2024 The government has no plans to increase English council taxes, Angela Rayner confirmed, but she declined to say whether she would scrap the single person discount to the bill. The deputy Prime Minister, who is also the secretary of state for housing, communities and local government, said her government “is about making sure working people [...]
CBI: Roadmap needed as firms struggle amid rising wealth tax rumours August 29, 2024 Publishing a long-term tax roadmap would address the “confidence shortfall” among UK firms, the Confederation for British Industry (CBI) has urged the government, amid swirling rumours of a wealth tax. Businesses are facing “cost pressures” and “middling conditions” and in need of a “major boost to confidence”, the CBI has said, following hints from Sir [...]