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Tax

  • 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.

  • Treasury minister fails to rule out further tax cuts ahead of election

    November 26, 2023

    A senior government minister has not ruled out the possibility of more tax cuts ahead of a general election, stating that the Autumn Statement had “set the direction of travel”.

  • HMRC digital transition set to cost £1.3bn – four times over budget – MPs warn

    November 25, 2023

    Transitioning HMRC to a digital system is now expected to cost as much as £1.3bn - and has gone four times over budget, MPs have warned.

  • Tories get poll bump as 60 per cent back national insurance ‘cut’

    November 24, 2023

    The Conservatives have achieved a slight poll boost following the Autumn Statement - but Labour have still held on to a significant lead.

  • Mel Stride admits migration spike of 745,000 was ‘too high and unacceptable’, but could tax cuts bring it down?

    November 24, 2023

    Mel Stride has described the UK’s net migration figure of 745,000 as “unacceptable” and claimed tax cuts could help bring it down.

  • Autumn Statement: What do Tory MPs make of Hunt’s ‘crowd-pleaser’ budget?

    November 23, 2023

    Jeremy Hunt's Autumn Statement delivered, without being flashy, enough content to satisfy most quarters.

  • Jeremy Hunt cuts national insurance, but you will still pay more tax

    November 22, 2023

    Jeremy Hunt has announced he's cutting National Insurance for millions. Here's how much you will save from the changes.

  • UK tech industry welcomes Hunt’s R&D tax relief

    November 22, 2023

    The UK tech industry has welcomed the Chancellor's plans to create a new "simplified" research and development (R&D) tax relief scheme in his Autumn Statement on Wednesday.

  • ‘Largest business tax cut in modern British history’: Hunt makes full expensing permanent

    November 22, 2023

    Jeremy Hunt has confirmed British firms are set to benefit from “the largest business tax cut in modern British history” as he announced full expensing would be made permanent.

  • Autumn Statement: Five things to look out for, from rabbits and taxes to pubs and cuts

    November 22, 2023

    Chancellor Jeremy Hunt will today unveil the Autumn Statement. City A.M. has broken down our top five things to watch out for.

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