Sadiq Khan plans to hike London council tax bills by 8.6 per cent December 19, 2023 Sadiq Khan has unveiled plans to hike Londoners’ council tax bills by almost £40 as he prepares to stand for a record reelection to a third term in office.
‘Too little, too late’: Council funding to rise by £4bn December 19, 2023 Funding for English councils will rise by 6.5 per cent - or £4bn - but authorities say the cash fails to address the “severe problems” facing local government.
Brace yourselves: 2023 will be seen as a stable tax year compared to what’s ahead December 19, 2023 It may have felt like a long year, but 2023 will be seen as a walk in the park for tax policy compared to what 2024 has in store, writes Tim Sarson
Labour’s £28bn growth plan would see tax rises, Treasury minister argues December 16, 2023 Labour’s plans to borrow £28bn to invest in decarbonisation and green energy would lead to tax rises, the chief secretary to the Treasury has argued.
Rishi Sunak promises tax cut ‘gear shift’ ahead of next year’s general election December 14, 2023 Rishi Sunak has promised a “gear shift” in his approach to taxes ahead of next year’s general election.
No proof of ‘value for money’ for billions spent on public procurement December 13, 2023 The government cannot demonstrate “value for money” for billions of taxpayer-funded public procurement, a group of MPs have warned.
‘Time is running out for the economy’: UK’s tax level highest on record December 11, 2023 THE UK’s tax level has soared to an all time high, according to new figures, raising deep concerns about the nation’s appeal to businesses and investors.
UK’s biggest firms responsible for 10 per cent of entire Treasury take last year December 5, 2023 Tax contributions from the UK's biggest firms edged towards the £100bn mark in the last financial year
Just 100,000 Brits pay a quarter of all income and capital gains tax December 4, 2023 Britain’s top 100,000 taxpayers paid almost a quarter (24 per cent) of all income and capital gains tax in 2021/22, despite making up just 0.3 per cent of taxpayers, according to data obtained by retail investment group Wealth Club.
Rishi Sunak denies he’s ‘focused on elections’ as spring ballot rumours swirl November 27, 2023 Rishi Sunak has denied he is “focused on elections” despite increasing speculation that the government could plump for a spring ballot following a tax cutting Autumn Statement.