Wealth tax ‘could cost the UK £100bn in 10 years’ Economics The UK is especially vulnerable to the ill effects of a wealth tax and could suffer a near £100bn hit to its GDP in a decade were one introduced, a paper out today has argued. A two per cent tax applied to those with a net wealth of £10m would incur a 0.4 per cent [...]
High-tax, high-spend and little reform: Reeves’ plan is tried and failed Opinion Reeves says the UK public can trust Labour with its money, but her plan is just a reheated version of one we've already tried over and over again, writes Elliot Keck.
The Capitalist: Lord Bethell bigs up the rave; Greggs goes bling; James Blunt kicks off Business Lord Bethell muses on the politics of the rave while Greggs releases the new must-have City accessory: catch up on the latest gossip in The Capitalist.
Imposing VAT on private schools could be a net cost for the Treasury, research suggests May 20, 2024 John O’Connell, chief executive of the TaxPayers' Alliance, said: "VAT on private schools is a clear cut case of a policy gimmick that will do grievous harm to families with potentially pathetic results for revenues."