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Income tax

Low income families ‘must save for 35 years to buy average London home’

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Million more pensioners to be hit by Labour’s ‘retirement tax’ by 2030

It means only a modest amount of additional income is already pushing...

Labour’s ‘retirement tax’ to raise extra £16m next year

Meanwhile, data out today shows that the rate of consumer price inflation...

Portugal seeks to become ‘tax haven for young’ in attempt to stop brain drain

But the scheme may not get off the ground because Mr Montenegro’s...

Pensions and capital gains tax in line for budget tax rises, says IFS

Chancellor Rachel Reeves has “limited room for manoeuvre” in the October budget, with pensions taxation and capital gains tax (CGT) best suited to raise...

Why Reeves’s claim pensioners will be £1,700 better off is far from the whole truth

While this represents a 4pc increase, much of the rise is just...

Targeting inheritance tax, capital gains and national insurance ‘could raise £20 billion’

Making changes to inheritance tax, capital gains tax and employer national insurance in the upcoming autumn budget could help chancellor Rachel Reeves raise more...

Nearly 350,000 more pensioners hit by Labour’s ‘retirement tax’

HM Revenue and Customs estimate that 8.5 million pensioners pay income tax,...

Top earners and entrepreneurs already fleeing Britain over tax raids

These more attractive territories include Spain, where under “Beckham’s Law”, named after...

Six million savers to be hit with shock tax bills

Figures released by HMRC in July 2023 showed that an extra 1...

Labour’s ‘back door’ tax plot could see Brits paying more than £63bn on earnings

A "back door" plot from the Labour Government is poised to see Brits paying £63billion more in tax this year, experts have warned.Despite Sir...

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