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UK tax law

  • From Jaffa Cakes to National Insurance: How to fix Britain’s mad tax system – according to the experts

    Tax

    In its latest report, the OECD scolded the UK for its illogical and growth-impeding tax system. Ali Lyon speaks to five tax experts to work out how to fix it. Potato crisps and their corn chip cousins are – as indulgent savoury snacks go – undeniably similar. They taste alike and are a similar size. [...]

    Rachel Reeves delivering spring statement at podium with financial charts in background, addressing economic policies.
  • Rachel Reeves’ tax hikes will cost me £1m – Hooch tycoon

    Economics

    The founder of the alcoholic drinks empire behind the likes of Hooch and VK has warned the tax hikes announced by Rachel Reeves will cost him an extra £1m. Steve Perez, the boss of Derbyshire-headquartered Global Brands, added that the Chancellor has “stacked the odds” against businesses like his and that he has “no choice” [...]

    Chancellor of the Exchequer Rachel Reeves leaves Downing Street with the treasury team before tomorrow's Spring Statement on March 25, 2025 in London, England. (Photo by Peter Nicholls/Getty Images)
  • Half of Britain’s millionaires are considering leaving after Labour election win

    Business

    Nearly half of the UK's millionaires are considering leaving the country over fears the new Labour government will hike taxes and introduce unnecessary regulations, a new study has revealed.

    Nearly half of the UK's millionaires are considering leaving the country over fears the new Labour government will hike taxes and introduce unnecessary regulations, a new study has revealed.

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