Inheritance tax reforms to hit business owners and farmers

Tax relief to be capped on assets worth more than £1mn

World - Financial Times - 4 hours ago

Farmers with assets over £1mn hit by inheritance tax reforms

Industry counters that Budget cap will hammer agricultural businesses that are asset-rich but cash-poor

World - Financial Times - 4 hours ago

Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools

Chancellor announces changes to employers’ national insurance contributions, inheritance tax, capital gains tax and other duties. Budget 2024: key points at a glance Full report: Reeves raises ...

World - The Guardian - 5 hours ago

Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners

Experts say big tax bills could result from Rachel Reeves’ move in the Budget

Business - Financial Times - 1 hour ago

Business Owners in Disaster-Hit Areas Should Watch Out for Possible Scams

Widespread relief efforts will help storm-ravaged regions recover, but fraudsters are also in the mix, warn federal agencies.

Business - Inc. - October 23

Inheritance tax increases expected in Budget

It is not known how many people are likely to end up paying more under the government's plan.

Who has to pay inheritance tax?

Inheritance tax is again creating political debate so how does it work and who pays?

Reeves looking at sweeping inheritance tax changes in Budget

UK chancellor considers extending ‘seven year rule’ on gift giving to 10 years among other reforms

Business - Financial Times - October 18

UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds

Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.

Business - The New York Times - 5 hours ago

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - 15 hours ago

UK workers’ rights reforms to cost businesses £5bn a year

Government’s impact assessment finds companies will face bill for implementing new policies

Business - Financial Times - October 21

She Weathered Angry Comments and Attacks After a Visit From Kamala Harris. She Still Thinks Entrepreneurs Should Have a Voice in Politics

After Danielle Romanetti, the owner of Fibre Space, hosted Kamala Harris’s visit in 2021, she saw a $30,000 windfall—and a surge in troll attacks. How she suggests dealing with attention, even if ...

Business - Inc. - October 14

Reeves signals business taxes will rise in Budget

Chancellor says companies understand government must make ‘difficult decisions’ to balance books

Business - Financial Times - October 14

The Papers: Reeves 'will tax businesses' and Hoy's terminal diagnosis

Reeves' Budget plans are in the spotlight for many Sunday papers, while Liam Payne's death continues to draw the attention of several others.

Hunt warns that Reeves will ‘trash’ economy with business tax hikes

Shadow chancellor says he rejected Treasury advice to raise employers’ national insurance payments

World - Financial Times - October 22

UK inheritance tax raid would be ‘painful’ but not fatal for Aim, says LSE executive

Investors are nervous about potential abolition of business relief in this month’s Budget

World - Financial Times - October 18

Can Harris’s Economic Plans Sway Small Business Owners to Vote Democratic?

Kamala Harris has leaned in with promises to aid start-ups, but proprietors are often more focused on taxes and regulations.

Business - The New York Times - Yesterday

Small Business Owners More Confident About Borrowing After Rate Cut

Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.

Business - Inc. - Yesterday

Arena Racing CEO urges reform to save racing from gambling tax fallout

With the Treasury eyeing the gambling industry for additional tax revenue, arguments have increased on how best to bolstering British horse racing. Martin Cruddace, the chief executive of the ...

World - The Guardian - October 14

Gambling stocks hit by fears of UK Budget tax grab

Ladbrokes owner Entain falls 8% while Flutter loses 6%

World - Financial Times - October 14

‘This was a money grab’: My uncle took over the family business — and left my father out in the cold. Can I claim our inheritance?

“When my grandfather passed away, my uncle continued running the business and, at that point, he decided that my father would not receive any financial inheritance.”

Business - MarketWatch - October 19

UK Businesses Warn Starmer Against Raising Employer Payroll Tax

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...

World - The Guardian - October 15

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