Some big changes to the tax system no one is telling you about… March 19, 2024 The Budget did little to move the polls, but it included some fundamental philosophical changes to the way we pay tax. Expect unintended consequences, says Tim Sarson Budgets are fleeting spectacles. Like a passing squall they arrive with a few gusts of media speculation, dominate the news for a week at most, then blow themselves [...]
Rich List: Over 1,100 City Hall ‘fat cats’ pocket more than £100,000 a year March 18, 2024 The number of City Hall staff earning more than £100,000 has soared to over 1,100 so-called ‘fat cats’, according to a new 2024 rich list.
Targeting non-doms was a cheap hit the Chancellor will regret March 13, 2024 The ultra-wealthy may be an easy target, but the government is sending a signal that playing politics matters more to them than securing investment, says James Price he temptation to play politics is often an irresistible one around fiscal events, and with the twin straitjackets of the Office for Budget Responsibility and a looming election, [...]
Londoners, here’s how much your council tax will be rising in April March 9, 2024 Councils are officially able to increase their tax rates by 4.99 per cent, but those with government permission are able to increase their residents’ bills by over 5 per cent.
Jeremy Hunt admits National Insurance won’t be scrapped ‘any time soon’ March 7, 2024 Jeremy Hunt has admitted scrapping National Insurance (NI) - as he hinted at in Wednesday’s Budget - won’t happen “any time soon”.
Spring Budget 2024: Hunt doesn’t rule out May election after £10bn tax cut March 6, 2024 Jeremy Hunt has announced the rate of National Insurance (NI) will be cut by two per cent in the Spring Budget as the government gears up for a rocky general election.
Spring Budget 2024: Renters worry as Hunt coaxes landlords to sell with capital gains tax cut March 6, 2024 Today's Spring Budget saw landlords receive a surprise handout from Chancellor Jeremy Hunt after he cut the rate of capital gains tax applying to residential property by four per cent.
Spring Budget 2024: High earners set to pay more tax under band freeze, analysis suggests March 6, 2024 Chancellor Jeremy Hunt has announced that National Insurance will be cut by 2p to lower the tax burden ahead of a general election. But analysis from investment platform AJ Bell has found that high earners are set to pay more overall under the government's tax band freeze.
Spring Budget 2024: Hunt to say ‘lower tax means higher growth’ as he slashes NI March 5, 2024 Jeremy Hunt will today unveil a spring budget designed to reverse his party’s lagging polling numbers, headlined by a 2p cut to National Insurance.
Scrapping non-dom status will make some of London a ghost town March 5, 2024 If we start taxing non-UK income and assets, we may as well pack non-doms bags for them. There is a better way, says Steve Rigby Are the leaks suggesting Jeremy Hunt is ready to scrap tax rules for non-doms to be taken seriously? Or was this one of the now-traditional pre-Budget exercises in kite-flying to [...]