All news on the topic: Tax

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Budget tax hikes could push more firms into financial trouble, warns insolvency specialist
National insurance increase and higher interest rates mean company failures will stay high, says Begbies Traynor
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Londoners face frustration as Keir Starmer instructs Sadiq Khan to raise Tube and rail fares next year under a new funding agreement
Londoners will face a 4.6% increase in Tube and rail fares next year, following a government directive for Sadiq Khan to raise prices as part of a pay settlement outlined in the Budget.
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Milan prosecutors allege that hacked information from state security databases was sold to wealthy clients
Italian probe reveals “gigantic and alarming market of confidential data,” prosecutors say.
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Rachel Reeves expected to extend ‘stealth’ freeze on income tax thresholds
Policy known as ‘fiscal drag’ could bring in as much as £7bn a year after 2028, while dragging workers into paying more tax
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Rachel Reeves vows to crack down on tax dodgers to reclaim billions for public services
Chancellor Rachel Reeves will set her sights on closing the £39.8billion tax gap by pursuing those who are avoiding or evading paying their fair share of tax
507
Figures reveal that fifty pubs per month closed during the first half of the year in England and Wales
Number of pubs open fell to 39,096 by end of June and experts say tax rises in 2025 could result in more closures
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UK companies say that the packaging tax will increase the price of many everyday items
The cost of soft drinks, beer, and kettles is expected to rise due to a scheme that transfers recycling fees to producers.
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The Prime Minister claims it would be very expensive for taxpayers if he didn’t accept free tickets to Arsenal games
The prime minister was asked about his relationship with Arsenal Football Club after the Sky News’ Westminster Accounts project revealed he had received two-and-a-half times more gifts and hospitality than the next MP.
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Could Reeves impose the UK’s most punishing capital gains tax in Europe?
“We have no plans to raise capital gains tax,” came the reply as Rachel Reeves was quizzed on her tax plans on the campaign trail in June.
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UK’s Aviva conspired to dodge India compensation and tax rules
An Indian tax agency has found that British insurer Aviva (AV.L), opens new tab breached local regulations capping commissions to sales agents with a system of fake invoices and clandestine cash payments, according to a notice seen by Reuters.
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Prince Harry’s legal battle for police protection has cost UK taxpayers more than £600,000
Prince Harry’s legal fight against the Home Office’s decision to downgrade his police protection in the UK has cost the government more than £600,000 to date.
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UN adopts historic tax reform
The United Nations (UN) adopted a resolution to begin the process of establishing a global tax framework intended to cause wealthy individuals to pay more taxes.
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Majority in UK support new tax on producers of ultra-processed and junk food
Poll findings prompt calls for ministers to impose sugar tax-style levy on companies to combat obesity
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Wealth taxes could raise £10bn to help plug Tory budget hole, say economists
Reforms to inheritance and capital gains taxes could reduce £20bn shortfall and combat UK’s widening wealth gap
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Reuters: Amazon under second investigation in Milan for tax evasion
An Italian unit of Amazon, is being investigated by Milan prosecutors for suspected tax evasion, two sources said on Friday, but the inquiry was not linked to a multi-million euro seizure from another of the group’s Italian units this week.
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Undercover investigation suggests super-rich are being advised on how to evade Labour’s tax clampdown
Wealthy being pitched offshore products said to shelter fortunes from inheritance tax and capital gains tax
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Millions of public sector workers due to get pay rises
In a major test for the new Government, Chancellor Rachel Reeves must decide whether to accept recommendations from pay review bodies (PRBs) on how much wages should increase
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Andrew Tate and his brother are accused of ’never paying a penny’ in tax on the £21m they made online
The social media influencer has been accused of being ‘brazen’ over tax evasion from online businesses including OnlyFans, a court heard
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How Labour’s General Election victory could impact your finances - from taxes to pensions
Labour is now back in power for the first time in 14 years - so what does this mean for your personal finances? We run through everything you need to know about taxes, pensions and more
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International scheme to tax billionaires’ wealth is technically feasible, study finds
Proposal could net up to $250bn a year in extra revenue, says report commissioned by Brazil for G20
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DWP to give two weeks' payments to people moving to Universal Credit
The Department for Work and Pensions has issued guidance to ease the transition of thousands of claimants onto Universal Credit
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HSBC warning of March spike in scams that saw £1.1m stolen in a month last year
HSBC UK said that over £1 million was reported stolen from its customers by impersonation scammers - some posing as HM Revenue and Customs ahead of end of year tax returns - in March 2023, with people being defrauded out of £5,791 on average
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Martin Lewis' urgent warning to millions of couples missing out on 'big money'
Money-saving expert Martin Lewis explains how millions of couples in the UK are eligible for a tax relief scheme that can save them hundreds each year - but you need to act quick
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Rishi Sunak refuses to rule out NHS and pensions cuts to plug £46bn black hole
Rishi Sunak was challenged to explain how he'd find an estimated £46billion a year to scrap National Insurance Contributions (NICs), but didn't rule out NHS and pension cuts
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Council tax - see if you can get up to 100% off your bill before April
Most councils in England set to increase bills by around 5% from April 1, as this is normally the maximum amount they are allowed to put up council tax by without a referendum