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Tax

  • UK households in line for extra £800 annual bill due to planned tax rises

    June 8, 2024

    The biggest single tax rise is the continuation of the frozen thresholds on income tax and National Insurance.

  • Election 2024: Five key moments from tonight’s BBC debate

    June 7, 2024

    As seven party leading figures slugged it out in a 90-minute BBC debate, moderated by Mishal Hushain, we’ve rounded up the key moments.

  • Starmer accuses Sunak of lying over £2,000 tax claim

    June 5, 2024

    James Bowler, permanent secretary at the Treasury, said the figure "should not be presented as having been produced by the Civil Service".

  • Labour faces £33bn blackhole if it maintains state spending, research suggests

    June 4, 2024

    Maintaining per person funding in unprotected departments would leave the next government facing a £33bn blackhole, research suggests.

  • Reeves and Hunt are being dishonest. Their plans mean taxes will have to go up

    June 4, 2024

    Hunt and Reeves should engage in a grown-up debate about their economic plans rather than mislead the public about what will likely have to happen to taxes under their watch, Chris Dorrell writes

  • Stealth tax raid to cost City workers £14k each by 2028

    June 3, 2024

    "The tax rises that happened as a result of the pandemic and the energy shock – these two giant shocks – will stay for their allotted time period," Hunt told the BBC.

  • Election 2024: ‘Wealth creation’ top Labour priority despite higher tax call

    June 3, 2024

    Labour has been urged to bring in “higher taxes on wealth” in a bid to raise revenue - despite Sir Keir Starmer insisting his priority is “wealth creation”.

  • General Election 2024: Hunt accuses Starmer of ‘flip-flopping’ on VAT hike

    May 30, 2024

    The Tories and Labour are embroiled in a row over VAT after Chancellor Jeremy Hunt accused Keir Starmer’s party of “flip-flopping” over tax policy.

  • How much cash could a tax avoidance clampdown raise?

    May 30, 2024

    Predictably both parties are reluctant to suggest they will raise taxes, but in recent weeks both have found a conveniently painless source of funding: clamping down on tax avoidance.

  • Labour backs away from bank windfall tax in bid to win over City

    May 29, 2024

    Reports suggest Labour is not planning to impose a windfall tax if it comes into power.

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