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Tax rises

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Spending cuts or £40bn tax rises needed every decade to break ‘debt spiral’, warns OBR

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David Miles, a member of the OBR’s executive committee, warned that Britain’s...
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Why economists are worried about Rachel Reeves’ tax rises

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Isaac Stell, an investment manager at Wealth Club, warned: “A reversal in...
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Nearly 350,000 more pensioners hit by Labour’s ‘retirement tax’

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HM Revenue and Customs estimate that 8.5 million pensioners pay income tax,...
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Executive confidence plummets as Reeves plots tax raid

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The party enjoyed significant support from business in the run-up and immediate...
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Top earners and entrepreneurs already fleeing Britain over tax raids

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These more attractive territories include Spain, where under “Beckham’s Law”, named after...
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City minister backed tax raid on landlords’ ‘unearned income’

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Many landlords have retired in the past few years, blaming tax changes...
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Blairite think tank urges Chancellor to hit expensive houses with higher tax

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The speech was seen as laying the ground for tax rises, although it...
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Why Rachel Reeves is betting a raid on capital gains can actually boost economic growth

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Today, CGT is fiendishly complicated.It starts at 10pc on profits above £3,000,...
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Hundreds of families fall foul of seven-year inheritance tax rule

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The number of families paying the 40pc charge on substantial gifts has...
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How Rachel Reeves risks taxing electric cars into oblivion

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Elsewhere, experts complain the tax situation for EVs is already hurting sales...
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How ‘Ponzi scheme’ public sector pensions threaten to bankrupt Britain

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NHS pensions currently cost taxpayers the equivalent of 82pc of salaries, more...
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Six million savers to be hit with shock tax bills

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