The government should avoid “prioritising politically driven tax cuts while decimating services” during Wednesday’s Budget, public sector unions have said.
Cutting taxes ahead of this year’s general election would only meet the government’s fiscal rule if some departments face a “fresh round of austerity”, which is unlikely given the state of public...
Four authorities have been given permission to raise council tax above the referendum limit to meet their spending needs next year, but one request was rejected.
The government does not properly monitor the effectiveness of tax reliefs, meaning billions of pounds of subsidies may not deliver economic growth, the National Audit Office has said.
Pressure on council finances has led to instances of aggressive action to recover council tax arrears, prompting MPs to urge the government to clarify regulations to prevent unnecessary distress.
Increasing taxes would bring the tax burden in line with other advanced economies and support more effective public services, the Institute for Public Policy Research has said.
The government might lose around £15bn a year by 2032 if it decides to ditch inheritance tax, economists at the Institute for Fiscal Studies have warned.
Liz Truss has criticised the role of institutions and blamed the “anti-growth coalition” for failing to implement her tax-cutting agenda during her short stint as prime minister last year.
Unexpected tax growth in Scotland was not enough to avoid the removal of £390m of block grant funding in 2024-25, the nation’s fiscal commission has said.
The rise of electric vehicles will leave a £10bn hole in UK public finances within a decade as fuel duty revenue dwindles, and the government faces calls to overhaul road taxes to make up for it.
Labour leader Keir Starmer has pledged to use a “proper” windfall tax to fund council tax freezes for households in England next year if the party is elected.