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…
Browsing: Rachel Reeves
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…
The International Investment Summit secures unprecedented investments and job opportunities for the UK, marking a significant economic boost.This year’s summit attracted £63 billion in investments, more…
Britain’s fiscal strategy heavily leans on its 1.13 million top earners, raising £124 billion this year, sparking debates on economic sustainability.These top-rate taxpayers contribute over 40%…
This article delves into the UK’s heavy reliance on a small number of high earners for substantial income tax revenue.Over 1.13 million top-rate taxpayers are projected…
A coalition of retailers is pressing Chancellor Rachel Reeves to act on business rates reform, highlighting a looming financial burden for small businesses. Insights from Altus…
Rachel Reeves is under pressure to raise £25 billion in taxes to avoid austerity measures, according to IFS.The IFS warns that proposed tax rises need to…
As the UK braces for fiscal changes, Rachel Reeves is advised to implement significant tax hikes to fend off austerity.The Institute for Fiscal Studies (IFS) suggests…