Cutting taxes on Scotch whisky would be a win-win for the Chancellor February 27, 2024 Slashing excise duty on spirits is a popular revenue raiser – so why have only three Chancellors ever done it?
Why is public spending central to Jeremy Hunt’s spring Budget decisions? February 26, 2024 Researchers warned funding for “crowd pleasing” tax cuts “rests in large part on major cuts to public spending pencilled in after the next election”.
Britain needs to grow up – and have real conversations about the economy February 26, 2024 The UK’s economic problems clearly run deep, and tax cuts alone will not fix them, argues Julian Jessop
Encourage investment and tackle skills shortages in Spring Budget, businesses say February 26, 2024 Chancellor Jeremy Hunt is unlikely to have significant scope for major tax cuts given the constrained fiscal position, but businesses are hoping Hunt will announce further measures to boost the economy.
Now is not the time for opportunistic personal tax cuts February 25, 2024 The government may think Slashing Income Tax or National Insurance will win votes, but boosting growth and restoring the UK's reputation as a stable place to invest should be the priority, says John Dickie
Eugene Amo-Dadzie: ‘Why can’t the world’s fastest accountant be the fastest man ever?’ February 22, 2024 The Londoner is only the fourth Briton to run a sub-10-second 100m.
Hunt’s record January surplus isn’t the good news the Chancellor was looking for February 21, 2024 The £9.2bn undershoot on borrowing in the year-to-date is good news, but it won't have a big impact on how much headroom the Chancellor will have in the Spring Budget.
‘Tax sandwich’ on offer despite Chancellor’s promise of March cuts February 21, 2024 Lower interest rate expectations are likely to increase the Chancellor's headroom from £13bn in the Autumn Statement to £23bn this spring, according to the Resolution Foundation.
Hunting for a legacy? These are the taxes Jeremy should tweak February 20, 2024 If the Chancellor is looking to secure his legacy ahead of the General Election, he should use next month’s Budget to fix the thresholds and cliff edges that are distorting the economy, argues Tim Sarson Budgets are almost as much about political theatre as they are about policy, especially in the run-up to a general [...]
Starmer paid more than £99,000 in tax, latest return shows February 17, 2024 Sir Keir Starmer paid £99,431 in tax last year, according to a summary released by Labour, after making £275,000 in capital gains.