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Tax

  • 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 [...]

  • Spring Budget 2024: Jeremy Hunt to cut national insurance rather than income tax as rate windfall fails to materialise

    March 5, 2024

    The Chancellor has repeatedly stressed his determination to bring down the tax burden, which is on course to rise to record levels no matter what Hunt announces in the Budget.

  • Stamping out tax on share purchases is a no-brainer

    March 4, 2024

    The UK hobbles not just financial services but any business operating on the London stock exchange by levying a tax on share purchases, writes Emma Revell.

  • Spring Budget 2024: Hunt won’t borrow to fund tax cuts in ‘prudent’ package

    March 3, 2024

    Jeremy Hunt has insisted he won’t borrow to fund tax cuts in what he said would be a “prudent and responsible” Spring Budget this week.

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