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Tax

  • UK tax gap nears £40bn as Tories and Labour pledge crackdown

    June 20, 2024

    The gap between how much tax the government owes and the amount it collects has grown to almost £40bn, latest official figures show, as the Conservatives and Labour vow to tackle tax dodging ahead of the general election.

  • Election 2024: Tories accuse Labour of stamp duty ‘hammering’ for first time buyers

    June 20, 2024

    The Conservatives have claimed Labour not matching their housing promises will result in “hammering” first-time buyers with stamp duty.

  • Knighthood for HMRC boss ‘an insult to British taxpayers’

    June 19, 2024

    The decision to give a knighthood to HMRC’s chief is “an insult to British taxpayers”, a campaign group has said, highlighting the tax authority’s woeful customer service. 

  • Election 2024: Will Labour change your council tax band?

    June 19, 2024

    Labour's position on council tax is coming under intense scrutiny, amid calls to revamp the 1991 bands. Will the party have to re-evaluate them?

  • Make tax boring again!

    June 18, 2024

    There’s a smooth inverse correlation between how likely a party is to become the next government and the radicalism of its manifesto tax plans, says Tim Sarson “I suppose I ought to write something about tax in the manifestos,” I thought to myself. It would be odd not to in the week directly after the [...]

  • ‘Let me kill it dead’: Keir Starmer rules out Premier League transfer levy

    June 18, 2024

    Shadow sport secretary Thangam Debbonaire appeared to suggest that Labour could introduce the transfer tax.

  • ‘An encouraging signal’: Private equity nerves settle as Labour sets limit on tax raid

    June 18, 2024

    A Labour government will allow private equity dealmakers to continue to benefit from a lower tax treatment on profits when their own cash is at risk, shadow chancellor Rachel Reeves has suggested.

  • Election 2024: Labour will seek mandate for growth with ‘wealth creation’ manifesto 

    June 13, 2024

    Keir Starmer will seek a “mandate for economic growth” as he unveils Labour’s election manifesto, pledging to “be the party of wealth creation”.

  • 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.

  • Let’s be honest, there’s no such thing as a ‘fully costed’ manifesto

    June 13, 2024

    All parties are putting forward nice-sounding policies and promising that they’ll be paid for by someone else, says Matthew Lesh “Our plans are fully funded and fully costed,” proudly declares every party leader when presenting their election manifestos. It’s not difficult to understand why this is so important. Politicians are trying to run a gigantic [...]

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