Latest in Tax Rises
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These two ‘low tax’ states are getting socked with fast-rising property taxes
Nationally, property taxes in major cities have gone up 30% since 2019, according to a new Redfin analysis.Business - MarketWatch - October 29 -
No tax rises in payslips for 'working people', vows minister
Bridget Phillipson refused to say if a small business owner was a "working person" in an interview with the BBC, ahead of Wednesday's Budget.Top stories - BBC News - October 27 -
Tax rises needed to avert austerity, Starmer says
The prime minister gives a gloomy economic picture as he set out his justifications for "tough decisions" in the Budget.Top stories - BBC News - October 28 -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - October 31 -
How many farms will be affected by Budget tax rises?
Estimates of the number of farms affected range from 100 to 70,000.Top stories - BBC News - 2 days ago -
Rachel Reeves aims to raise up to £20bn from national insurance rise
Employers’ contributions set to increase by 2 percentage points in next week’s BudgetBusiness - Financial Times - October 26 -
Budget watchdog will break impartiality, claims Hunt
The former chancellor says the publication of a review which could criticise the Conservatives on Budget day would "cross a line".Top stories - BBC News - October 28 -
Starmer does not rule out further tax rises after Budget
UK prime minister says government plan to borrow more for investment will not push up interest ratesBusiness - Financial Times - October 28 -
The Papers: Labour targets waiting lists but tax rises 'won't cure NHS'
The measures expected in Wednesday's Budget, particularly those focused on the NHS, lead the papers.Top stories - BBC News - October 29 -
UK’s rising fiscal burden narrows tax gap with Europe
Britain’s fiscal picture is closer to EU averages than it has been for decadesBusiness - Financial Times - October 30 -
Warning 'pain' of tax hikes to hit jobs and pay rises
The chancellor says businesses will "contribute more" as she raises employer National Insurance to 15%.Top stories - BBC News - October 30 -
Vapes to be taxed for first time as tobacco and wine duty rise
New levy on e-cigarettes, which have soared in popularity, will take effect in 2026World - Financial Times - October 30 -
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 -
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 -
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 -
Charities, universities and GPs warn NI tax rise will hit jobs and services
Funding boost will be wiped out by cost of meeting higher employer levy, say contracted service providers and education bodiesBusiness - Financial Times - November 1 -
Labour challenges Badenoch to back billions for public services and tax rises
Rachel Reeves throws down budget gauntlet to new Tory chief as party’s first black leader is congratulated on win. Labour has thrown down an immediate challenge to the new Tory leader, Kemi ...World - The Guardian - November 2 -
The Entertainer blames Budget tax rise for axing new shops
The toy retailer says higher costs have hit expansion and led to a hiring freeze at its head office.Top stories - BBC News - November 8 -
Japan’s new kingmaker pushes for income tax threshold rise
Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling partyWorld - Financial Times - November 8 -
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 - October 30 -
Budget 2024: Reeves reveals £40bn in tax rises as she promises to rebuild public services
Chancellor announces increases in taxation for businesses and the wealthy, and more money for the NHS and schools. Autumn budget live: latest news updates Budget 2024: key points at a ...World - The Guardian - October 30 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live
PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...World - The Guardian - October 31 -
UK Treasury chief admits business tax rise could lead to lower than anticipated wages
U.K. Treasury chief Rachel Reeves has conceded that wages may rise by less than previously thought as a direct result of her budget decision to increase a tax that businesses pay for their employeesWorld - ABC News - October 31 -
Ryanair warns air travel tax rises mean 10% of its UK flights could be cut
CEO Michael O’Leary says decision to raise passenger duty ‘will deliver cuts, not growth’Business - Financial Times - November 1 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
Small UK pub owners look overseas after Budget tax rises sap profits
Cluster of hospitality operators cancel British investments and divert spending to continental Europe insteadWorld - Financial Times - November 14 -
Doubts mount over Britain’s ambitious growth plans — with warnings of further tax rises possible
Doubts are mounting over the Labour government's flagship growth and investment agenda, with one analyst warning further tax rises could be on the horizon.Business - CNBC - 2 days ago