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Tax

  • Rishi Sunak promises tax cut ‘gear shift’ ahead of next year’s general election

    December 14, 2023

    Rishi Sunak has promised a “gear shift” in his approach to taxes ahead of next year’s general election.

  • No proof of ‘value for money’ for billions spent on public procurement

    December 13, 2023

    The government cannot demonstrate “value for money” for billions of taxpayer-funded public procurement, a group of MPs have warned.

  • ‘Time is running out for the economy’: UK’s tax level highest on record

    December 11, 2023

    THE UK’s tax level has soared to an all time high, according to new figures, raising deep concerns about the nation’s appeal to businesses and investors.

  • UK’s biggest firms responsible for 10 per cent of entire Treasury take last year

    December 5, 2023

    Tax contributions from the UK's biggest firms edged towards the £100bn mark in the last financial year

  • Just 100,000 Brits pay a quarter of all income and capital gains tax

    December 4, 2023

    Britain’s top 100,000 taxpayers paid almost a quarter (24 per cent) of all income and capital gains tax in 2021/22, despite making up just 0.3 per cent of taxpayers, according to data obtained by retail investment group Wealth Club.

  • 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.

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