Give councils more tax flexibility amid financial strain, ministers urged February 8, 2024 Councils should be given more free rein to raise local taxes to shore up ailing finances and then “suffer the consequences” at the ballot box, MPs have heard.
Truss warns of ‘left-wing extremists’ as she seeks to galvanise ‘secret Tories’ February 6, 2024 Liz Truss has hit out at Rishi Sunak’s government for failing to take on “left-wing extremists” she said had gained control of UK institutions.
What is ‘pro-growth’ chancellor Kwasi Kwarteng’s legacy? February 6, 2024 Kwasi Kwarteng's cataclysmic mini-budget still casts a long shadow from Westminster to Threadneedle Street.
Labour considers watering down plans for a private equity tax raid February 4, 2024 Labour could be preparing to water down plans for a private equity tax raid over fears it could put off potential investors.
Spring Budget 2024: Tourist tax under review ahead of next week’s statement February 4, 2024 The so-called ‘tourist tax’ is under review ahead of the Spring Budget, according to reports, indicating the Treasury could ditch the policy.
Rachel Reeves: Labour will cap corporation tax at 25 per cent February 1, 2024 A Labour government would cap the headline rate of corporation tax at 25 per cent throughout the next Parliament, Rachel Reeves has told bosses.
Spring Budget 2024: Tax cuts less likely, Jeremy Hunt warns cabinet January 31, 2024 Jeremy Hunt has warned cabinet that there is less likely to be less opportunity for tax cuts in the Budget, compared to last year.
‘Sticking plaster’ funding doesn’t change need for council tax reform, accountants claim January 25, 2024 An extra half a billion pounds in emergency social care funding for councils is a “sticking plaster", accountants have warned.
Inheritance tax on course for record year of receipts (again) amid calls to scrap it January 23, 2024 The Treasury collected £5.7bn from inheritance tax in the first three quarters of the 2024 financial year, according to figures released today.
Why council funding may be the next hot potato for Rishi Sunak to handle January 23, 2024 Dozens of Tory MPs have written to Rishi Sunak demanding “emergency” funding for councils which they say are facing cash pressures “like never before” amid an election year.