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Tax

  • Spring Budget 2024: Jeremy Hunt expected to announce new tax on vaping

    February 27, 2024

    Jeremy Hunt is expected to announce a new tax on vaping products at next week’s Budget.

  • Budget: Hunt should prioritise cutting ‘damaging’ stamp duty rather than income tax, IFS says

    February 27, 2024

    Despite the government's parlous fiscal position, with debt at its highest level since the 1960s, Jeremy Hunt is all but certain to unveil tax cuts in the Budget next week.

  • 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.

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