UK households in line for extra £800 annual bill due to planned tax rises June 8, 2024 The biggest single tax rise is the continuation of the frozen thresholds on income tax and National Insurance.
Election 2024: Five key moments from tonight’s BBC debate June 7, 2024 As seven party leading figures slugged it out in a 90-minute BBC debate, moderated by Mishal Hushain, we’ve rounded up the key moments.
Starmer accuses Sunak of lying over £2,000 tax claim June 5, 2024 James Bowler, permanent secretary at the Treasury, said the figure "should not be presented as having been produced by the Civil Service".
Labour faces £33bn blackhole if it maintains state spending, research suggests June 4, 2024 Maintaining per person funding in unprotected departments would leave the next government facing a £33bn blackhole, research suggests.
Reeves and Hunt are being dishonest. Their plans mean taxes will have to go up June 4, 2024 Hunt and Reeves should engage in a grown-up debate about their economic plans rather than mislead the public about what will likely have to happen to taxes under their watch, Chris Dorrell writes
Election 2024: ‘Wealth creation’ top Labour priority despite higher tax call June 3, 2024 Labour has been urged to bring in “higher taxes on wealth” in a bid to raise revenue - despite Sir Keir Starmer insisting his priority is “wealth creation”.
General Election 2024: Hunt accuses Starmer of ‘flip-flopping’ on VAT hike May 30, 2024 The Tories and Labour are embroiled in a row over VAT after Chancellor Jeremy Hunt accused Keir Starmer’s party of “flip-flopping” over tax policy.
How much cash could a tax avoidance clampdown raise? May 30, 2024 Predictably both parties are reluctant to suggest they will raise taxes, but in recent weeks both have found a conveniently painless source of funding: clamping down on tax avoidance.
Labour backs away from bank windfall tax in bid to win over City May 29, 2024 Reports suggest Labour is not planning to impose a windfall tax if it comes into power.
Blow for Jeremy Hunt’s tax cut hopes as borrowing beats expectations in April May 22, 2024 Economists closely watch the borrowing figures for any indications of how much fiscal space the Conservatives will have to cut taxes ahead of an election later this year.