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Tax

  • Is Rachel Reeves actually to blame for the ‘Truss crash’?

    Opinion

    After years of blaming the 'Truss crash' on tax cuts, Rachel Reeves has finally gestured to the real problem – her own instinct to overspend, writes Tom Harwood.

    Liz Truss and Rachel Reeves in a public discussion at a business conference, highlighting political and economic topics.
  • Four ways to help the HENRYs

    Opinion

    High Earners, Not Rich Yet are being hammered by tax, housing and childcare costs. Here’s how to fix the system so HENRYs don’t just participate in the workforce, but also prosper, says Louis Coke The acronym ‘HENRY’ has been around for a while, and the problem that it encompasses is only getting bigger and bigger [...]

    HENRY professionals discussing solutions for tax, housing, and childcare challenges in a modern office setting
  • If Reeves wants Britain to lead in AI, she must offer tax incentives

    Opinion

    The government is aware of the levers it’s able to pull to compete on AI: planning, electricity connections, visas, higher education policy, direct subsidies. But where’s tax? Asks Tim Sarson A couple of weeks ago one of those mini news stories came along, the sort that is so neatly zeitgeisty that it demands further consideration. [...]

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  • Rocco Forte: Inheritance tax grab has endangered my family firm

    March 25, 2026

    With luxury outposts across Europe, and plans to expand to the Gulf, Rocco Forte Hotels has become one of Britain’s most successful hospitality exports. But after being hit by a wave of damaging policies – including a potentially existential inheritance tax crackdown – he tells Ali Lyon, he is more disillusioned with Britain now, than [...]

  • HMRC rejects nearly half of digital tax exemptions

    March 24, 2026

    HMRC has rejected almost half of applications from taxpayers seeking exemption from Making Tax Digital (MTD) for Income Tax. Figures obtained via a Freedom of Information (FoI) request by Saffery show that as of February 2026 more than 1,600 people had applied for exemption on the grounds of “digital exclusion”. Of those, 855 applications were [...]

  • Small businesses ‘dismayed’ at HMRC plan to tighten tax rules

    March 23, 2026

    Small businesses are “dismayed” at the prospect of tax rules being tightened under new proposals set out by HMRC. The rules, which are subject to a consultation, would require close companies, which are defined as firms controlled by five or fewer individuals, to provide HMRC with details of all transactions between the company and its [...]

  • The UK founder exodus is not just about tax – it’s about tone

    March 23, 2026

    Minus tax, the UK still has the fundamentals to nurture entrepreneurs, but it's presenting itself as a wimpish place to work, writes Sean Bannister.

  • Sunak urges rethink on taxing jobs as AI begins to reshape hiring

    March 22, 2026

    Rishi Sunak has called for a rethink of how work is taxed, warning that AI is beginning to shift hiring patterns as companies weigh the cost of people against automation. Writing in The Times, Sunak said employers face immediate costs when hiring through national insurance contributions (NIC), while deploying AI carries no equivalent tax burden, [...]

  • One in five founders expect to leave UK in next 12 months

    March 19, 2026

    A fifth of British entrepreneurs expect to leave the country in the next 12 months as confidence in the government sinks to a new low. Fresh data from the Entrepreneurs Network has revealed the growing fears of a ‘brain drain’ could be set to escalate with just over one in five founders pencilling in plans [...]

  • Zack Polanski’s economic agenda is dangerous…and popular

    March 19, 2026

    There was a time when the Green Party was all about recycling, rewilding and veganism, but these days the economy forms the centrepiece of their pitch to voters. Yesterday their leader, Zack Polanksi, set out his party’s economic vision and he started with a diagnosis. He said people feel like they’re “running every day just to [...]

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