Tag: Taxes news
Stealth tax shock for savers as surprise demands jump to £920
Figures released by HMRC show a sharp rise in so-called simple assessments …
UK savers set to face new tax bills in 20 per cent ‘threshold’ change
UK households have been warned that tax rates on savings interest will go up once the new rules take effect …
‘Tax rises are coming’ in Autumn Statement as one change could have ‘huge effect’
Several experts are predicting Chancellor Rachel Reeves will increase taxes …
Keir Starmer brings in ex-Bank of England boss who backed wealth taxes
Baroness Minouche Shafik, who will now serve as the Prime Minister’s chief economic adviser …
Rachel Reeves given ‘bad’ warning as Budget pressure mounts
The Chancellor had just under £10bn of fiscal “headroom” when she delivered Labour’s plans earlier this year …
Tax raid fears as minister issues statement about ‘modest’ incomes
Transport Secretary Heidi Alexander has been interviewed on the government’s stance on future tax rises …
Labour could be plotting tax raid on 1 in 6 Brits later this year
Labour made a commitment in its manifesto not to be putting up taxes on people on ‘modest incomes, working people’, the Transport Secretary now says. …
Keir Starmer set to block fresh wealth tax raid despite pressure from Labour MPs
This week’s reversal of welfare reforms has left Chancellor Rachel Reeves with a £5 billion hole in the public finances …
Rachel Reeves’ stealth tax raid that will cost pensioners £3,000
Rachel Reeves has said the income tax threshold will remain frozen until April 2028, with pensioners forced to pay more in a ‘stealth raid’ many won’t have planned for. …
Urgent advice on ISA and Junior ISA as 11-day deadline looms
Tax experts have issued guidance as the deadline looms. …
