Westminster Inheritance Tax

Should I take out my pension tax-free lump sum?

Investment firms report a rush of clients looking to withdraw cash before the Budget

World - Financial Times - October 24

Biden administration expands tax credit for producing solar, wind and battery components

The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department ...

Politics - The Hill - October 24

Growth hit by freeze on tax thresholds, says BoE official

‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extension

Business - Financial Times - October 24

Germany’s five-year tax haul to fall nearly €60bn short of forecast

Gloomier economic predictions will increase budgetary strains and government coalition tensions

Business - Financial Times - October 24

UK tax raid on private equity could raise £1bn, say researchers

Analysis of HMRC data by Centre for the Analysis of Taxation comes as industry braces for Budget changes

Business - Financial Times - October 25

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 Budget

Business - Financial Times - October 26

Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview

Vice President Kamala Harris has attacked the tariff policy proposed by Donald Trump, calling it effectively a "sales tax" on Americans.

Business - CNBC - October 26

Luxury, defence and construction companies hit by French tax hike

Chief executives warn that Michel Barnier’s plan will reverse Emmanuel Macron’s business-friendly reforms

Business - Financial Times - October 27

Vance says eliminating federal income taxes is not ‘realistic’ as Trump floats it

Donald Trump has floated the idea of eliminating the federal income tax. In an interview with Meet the Press, his running mate, JD Vance, says the idea is not “realistic,” calling it an ...

Politics - NBC News - October 27

California Governor Proposes $750 Million in Annual Film Tax Credits

Gov. Gavin Newsom wants to more than double the amount the state offers in incentives, which would make its program one of the nation’s most generous.

Business - The New York Times - October 27

France and Germany attack UK plan to levy VAT on international school fees

Proposal to impose value added tax in the Budget risks damaging diplomatic ties, ambassadors say