HMRC ‘vastly underestimating’ UK tax evasion, MPs say

Markets may be underestimating how much inflation will fall this year

It is not just tariffs that might affect growth but also trade uncertainty and the effects of the Trump policy agenda

Financial Times - 4h

Home office deduction: Here's who qualifies and how to claim it on your taxes

The home office deduction could provide a tax break on your 2024 return. Here's who qualifies and how to claim it.

CNBC - 10h

Reeves faces having to cut spending or raise taxes as UK growth disappoints

Chancellor’s headroom against her key budget rule has been wiped out, according to preliminary forecasts by watchdog

Financial Times - 10h

House Freedom Caucus plans to throw another tax plan into the mix

Politico - 16h

Inside the House GOP clash over tax cuts

Hardliners are squaring off against their top tax writer as Republicans try to assemble a package President Donald Trump's priorities.

Politico - 2d

HMRC ‘vastly underestimating’ UK tax evasion, MPs say

Cross-party committee warns agency is not ‘sufficiently curious’ about scale of illegal practice

Financial Times - 9h

Trump’s tariffs and tax plans are inflationary. Voters won’t tolerate it.

Trump can no sooner repeal the law of gravity than change some macroeconomic realities.

MarketWatch - 10h

Home equity loan tax deductions: What to remember this tax season

A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.

CBS News - 14h

How do tax extensions work?

It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes.

CBS News - 14h

No 10 says it did not sign AI declaration as it did not reflect UK policy on ‘opportunity and security’ – politics live

UK failed to sign agreement at end of Paris summit, along with the US. There will be two urgent questions after 12.30pm: on the Clonoe inquest , which found that the SAS acted unlawfully when they ...

The Guardian - 15h

UK interest rates are too restrictive

But uncertainty and a rise in near-term inflation warrants a cautious approach to cuts

Financial Times - 15h

UK Steel says Trump has ‘taken a sledgehammer’ to free trade; BoE governor warns against ripping out regulation – as it happened

UK steel industry fears surge of foreign imports as US imposes 25% tariffs, as Bank of England chief says world should not forget 2008 crisis. Trump announces 25% tariffs on foreign steel and ...

The Guardian - 17h

New brackets, deductions and credits for taxes

It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and other parts of the tax code. CBS News business analyst Jill Schlesinger has ...

CBS News - 18h

Thinking of not paying taxes? This is what it could cost you.

Penalties and fees could add up for tax protesters, for little impact.

MarketWatch - 18h

Replacing judge with experts strengthens assisted dying bill, MP says

It comes after concerns over the High Court's capacity to hear each individual case in England and Wales.

BBC News - 22h

There will be no exemptions to new tax on metals, says Trump

The move threatens to have a big impact in Canada, a major source of the metals in the US.

BBC News - 1d

Trump expresses confidence Democrats will help extend tax cuts

President Trump expressed confidence that Democrats will help Republicans extend his 2017-era tax cuts, despite the minority party showing no interest in helping with the president’s agenda. The ...

The Hill - 1d

UK inflation threat receding, says BoE rate-setter who voted for big cut

MPC’s Catherine Mann says ‘demand conditions’ in economy are ‘quite a bit weaker’

Financial Times - 1d

How long does the IRS give you to pay your taxes?

If you think you'll owe money to the IRS for last year's taxes, here's how long you have to pay what's owed.

CBS News - 1d

A Roth IRA offers a 'longer runway for tax-free investing,' advisor says. Here's how to use it

Your Roth IRA offers more time for 'tax-free investing,' advisors says. Here's how to use it.

CNBC - 1d

Oliver Ryan suspended as Labour MP over WhatsApp messages

Ryan had been summoned to a meeting with his chief whip after the Mail on Sunday published the texts.

BBC News - 1d

Tax season 2025: All the deadlines taxpayers should know

Taxpayers should be aware of the deadlines for this year's tax season to avoid extra fees and penalties.

CBS News - 1d

Hundreds of tractors block Westminster in inheritance tax protest

Farmers from across the UK protesting in London against changes to inheritance tax.

BBC News - 1d

Second Labour MP suspended from party over WhatsApp messages

Oliver Ryan was a member of the same message group as former health minister Andrew Gwynne

Financial Times - 1d

Second Labour MP apologises over WhatsApp comments

Burnley MP Oliver Ryan says his comments in the group were "completely unacceptable".

BBC News - 1d

1 in 5 taxpayers are missing out on thousands with this tax credit

The IRS estimates one in five eligible taxpayers don't claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

The Hill - 1d

AI race must be led by ‘western, liberal, democratic’ countries, says UK minister

Technology secretary delivers veiled warning over China’s role ahead of Paris summit. The artificial intelligence race must be led by “western, liberal, democratic” countries, said the UK ...

The Guardian - 2d

The Papers: 'MPs in vile chats' and 'Labour's plan to tackle Farage threat'

The fallout after the sacking of a health minister over offensive messages is the top story in some of Monday's front pages.

BBC News - 2d

UK lacks coherent rural policy, says environment committee chair

Alistair Carmichael calls on government to engage with ‘disaffected’ communities as farmers set for latest protest

Financial Times - 2d

Poor customer service hitting trust in UK tax authority

Both individuals and most businesses have lost faith in HMRC, spending watchdog finds

Financial Times - 2d

UK recruiters say toughest conditions in jobs market since Covid

KPMG/REC report points to impact of tax-raising measures in October Budget on employer confidence

Financial Times - 2d

MP's anger at government over Grangemouth closure

Labour MP Brian Leishman says the UK government must do more to help workers get new jobs.

BBC News - 2d

Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps

Two exchange-traded fund experts deliver plays that should deliver multi-year gains.

CNBC - 3d

How much should you pay to do your taxes? Maybe nothing — if you qualify for free tax prep.

Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free. The IRS also has two different free filing options equipped for these ...

MarketWatch - 3d

The Papers: 'Trump wants UK tax cuts for tech giants' and 'hands off our ISAs'

A warning that axing ISAs could "trigger a mortgage crisis" is one of the stories on Saturday's fronts.

BBC News - 4d

Graham's plan for Trump tax cuts

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...

The Hill - 4d

Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again

President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.

The New York Times - 4d

Tariff Uncertainty Taxes the Auto Industry

For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.

Wired - 5d

HMRC ‘vastly underestimating’ UK tax evasion, MPs say

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