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Rachel Reeves’ budget leaves her little room to manoeuvre
Bet on long-term improvements will make spending review in 2027 a crunch time for the governmentWorld - Financial Times - October 31 -
Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF
Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest. ‘It has a political vision’: five viewpoints on budget Budget 2024: what it ...World - The Guardian - October 31 -
Sweden abolishes tax on plastic bags despite warnings usage could rise
Levy that reduced usage by more than three-quarters in four years fell victim to rightwing culture wars, say critics. A tax that has reduced plastic bag consumption in Sweden by more than ...World - The Guardian - October 31 -
Warning tax rises could force care homes to close
Social care providers say the sector is in "unprecedented danger" without more funding.Top stories - BBC News - October 31 -
Court in Slovakia upholds tax fraud verdict against former President Kiska
An appeals court in Slovakia has upheld a lower court ruling that found former President Andrej Kiska guilty of tax fraud and given him a suspended sentenceWorld - ABC News - October 31 -
UK savings plans overhauled with planned pension tax changes
Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regimeBusiness - Financial Times - October 31 -
Inheritance tax changes sound ‘death knell’ for family businesses, say owners
Chancellor Rachel Reeves’ first Budget has caused alarmWorld - Financial Times - October 31 -
Parents to be hit by ‘nanny tax’ after national insurance changes
Families affected will be worse off by more than £1,000 a yearBusiness - Financial Times - October 31 -
Barclays’ chief defends Reeves as business criticises Budget tax rises
Retail and hospitality bosses warn UK chancellor that national insurance changes will lead to job lossesBusiness - Financial Times - October 31 -
Apple’s Quarterly Profit Down Because of Tax Payment in Europe
Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have topped expectations.Tech - The New York Times - October 31 -
GPs and care homes fear impact of National Insurance rise
The NHS is exempt from the rise in employer National Insurance contributions, but private providers are not.Top stories - BBC News - November 1 -
How will UK tax rises on private equity’s carried interest work?
Changes unveiled in Rachel Reeves’ Budget mean the performance fee will be treated as income from 2026Business - Financial Times - October 31