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Tax

  • Private sector AI forum to launch in January, No10 announce

    December 20, 2023

    A new artificial intelligence (AI) opportunity forum to explore private sector adoption of the technologies will launch in the new year, No10 have confirmed.

  • Sadiq Khan plans to hike London council tax bills by 8.6 per cent

    December 19, 2023

    Sadiq Khan has unveiled plans to hike Londoners’ council tax bills by almost £40 as he prepares to stand for a record reelection to a third term in office.

  • ‘Too little, too late’: Council funding to rise by £4bn

    December 19, 2023

    Funding for English councils will rise by 6.5 per cent - or £4bn - but authorities say the cash fails to address the “severe problems” facing local government.

  • Brace yourselves: 2023 will be seen as a stable tax year compared to what’s ahead

    December 19, 2023

    It may have felt like a long year, but 2023 will be seen as a walk in the park for tax policy compared to what 2024 has in store, writes Tim Sarson

  • Labour’s £28bn growth plan would see tax rises, Treasury minister argues

    December 16, 2023

    Labour’s plans to borrow £28bn to invest in decarbonisation and green energy would lead to tax rises, the chief secretary to the Treasury has argued.

  • 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.

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