Rachel Reeves has achieved a record collection of £2.2 billion in inheritance tax ahead of the upcoming Autumn Budget.Last month’s collections alone reached £736 million, contributing…
Browsing: Rachel Reeves
The UK government’s consideration of an ‘Amazon tax’ signifies a strategic move to aid high street businesses while addressing the fiscal contributions of global online retail…
In September, the UK government borrowing surged to £16.6 billion, exceeding forecasts and intensifying fiscal pressure.The borrowing increase of £2.1 billion over last year marks the…
A coalition of over 300 retail leaders has urged Rachel Reeves to reconsider the removal of VAT-free shopping for tourists, arguing it’s detrimental to the UK’s…
The call to abolish the ‘tourist tax’ has garnered significant attention from the fashion industry.More than 300 fashion CEOs and business leaders have united against the…
Potential changes to EV salary sacrifice tax breaks create industry tensions.Rachel Reeves considers scrapping tax incentives that assist in EV leasing, potentially impacting affordability.Critics argue these…
Chancellor Rachel Reeves considers ending tax breaks for electric vehicles, stirring significant industry backlash.The Treasury is reviewing the removal of salary sacrifice schemes, which help employees…
The International Monetary Fund (IMF) has called upon the UK to take decisive fiscal measures to ensure national financial stability.The IMF highlights that borrowing levels in…
The International Monetary Fund (IMF) has raised concerns about the UK’s public finance and urged action to stabilize it.The UK and the US are highlighted as…
Sir Keir Starmer signals potential changes in employer national insurance, aiming for economic stability.Labour reiterates its commitment to not increasing taxes on workers, as outlined in…