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Tax

  • Spring Budget 2024: Tourist tax under review ahead of next week’s statement

    February 4, 2024

    The so-called ‘tourist tax’ is under review ahead of the Spring Budget, according to reports, indicating the Treasury could ditch the policy.

  • Rachel Reeves: Labour will cap corporation tax at 25 per cent

    February 1, 2024

    A Labour government would cap the headline rate of corporation tax at 25 per cent throughout the next Parliament, Rachel Reeves has told bosses.

  • Spring Budget 2024: Tax cuts less likely, Jeremy Hunt warns cabinet

    January 31, 2024

    Jeremy Hunt has warned cabinet that there is less likely to be less opportunity for tax cuts in the Budget, compared to last year.

  • ‘Sticking plaster’ funding doesn’t change need for council tax reform, accountants claim

    January 25, 2024

    An extra half a billion pounds in emergency social care funding for councils is a “sticking plaster", accountants have warned.

  • Inheritance tax on course for record year of receipts (again) amid calls to scrap it

    January 23, 2024

    The Treasury collected £5.7bn from inheritance tax in the first three quarters of the 2024 financial year, according to figures released today.

  • Why council funding may be the next hot potato for Rishi Sunak to handle

    January 23, 2024

    Dozens of Tory MPs have written to Rishi Sunak demanding “emergency” funding for councils which they say are facing cash pressures “like never before” amid an election year.

  • Rishi Sunak insists Jeremy Hunt will still be Chancellor at election time

    January 22, 2024

    Jeremy Hunt will still be Chancellor at the time of the general election, and is doing a “fantastic job”, Rishi Sunak has insisted.

  • The world is waking up – again – to the damage higher taxes do to growth

    January 22, 2024

    Tax was on the agenda like never before at last week’s Davos summit. It must mark the moment the UK changes course. There was something in the water at Davos last week. On Wednesday, the World Economic Forum hosted Argentinian President Javier Milei’s ode to free markets and individual liberty, the most staunch defence of [...]

  • Jeremy Hunt promises tax cuts as he cites Nigel Lawson

    January 21, 2024

    Jeremy Hunt has promised to cut more taxes as he compared his policies to those of Nigel Lawson’s efforts to boost Canada in the 1980s. 

  • AI could help us with vaccines and tax cuts, Jeremy Hunt tells Davos

    January 18, 2024

    Artificial intelligence (AI) could help the world with vaccines for the next global pandemic and aid politicians in cutting taxes, Jeremy Hunt has told Davos.

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