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Tax

  • Abrdn chairman adds to growing calls to axe the share tax

    June 9, 2024

    The chairman of Abrdn has said that scrapping the tax on share purchases would lift the economy and boost investment in UK firms, adding to the growing calls to abolish the 0.5 per cent levy.

  • Election 2024: Labour to rule out tax rises in ‘iron-clad’ manifesto pledge

    June 9, 2024

    Labour’s manifesto will contain an “iron-clad commitment” to rule out increases to national insurance, income tax or VAT, Rachel Reeves has revealed.

  • UK households in line for extra £800 annual bill due to planned tax rises

    June 8, 2024

    The biggest single tax rise is the continuation of the frozen thresholds on income tax and National Insurance.

  • Election 2024: Five key moments from tonight’s BBC debate

    June 7, 2024

    As seven party leading figures slugged it out in a 90-minute BBC debate, moderated by Mishal Hushain, we’ve rounded up the key moments.

  • Starmer accuses Sunak of lying over £2,000 tax claim

    June 5, 2024

    James Bowler, permanent secretary at the Treasury, said the figure "should not be presented as having been produced by the Civil Service".

  • Labour faces £33bn blackhole if it maintains state spending, research suggests

    June 4, 2024

    Maintaining per person funding in unprotected departments would leave the next government facing a £33bn blackhole, research suggests.

  • Reeves and Hunt are being dishonest. Their plans mean taxes will have to go up

    June 4, 2024

    Hunt and Reeves should engage in a grown-up debate about their economic plans rather than mislead the public about what will likely have to happen to taxes under their watch, Chris Dorrell writes

  • Stealth tax raid to cost City workers £14k each by 2028

    June 3, 2024

    "The tax rises that happened as a result of the pandemic and the energy shock – these two giant shocks – will stay for their allotted time period," Hunt told the BBC.

  • Election 2024: ‘Wealth creation’ top Labour priority despite higher tax call

    June 3, 2024

    Labour has been urged to bring in “higher taxes on wealth” in a bid to raise revenue - despite Sir Keir Starmer insisting his priority is “wealth creation”.

  • General Election 2024: Hunt accuses Starmer of ‘flip-flopping’ on VAT hike

    May 30, 2024

    The Tories and Labour are embroiled in a row over VAT after Chancellor Jeremy Hunt accused Keir Starmer’s party of “flip-flopping” over tax policy.

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