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17 Dec 20
The government is to reduce the New Homes Bonus to free up funding for local authority grants, it announced as part of the provisional local government finance settlement.
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10 Dec 20
The Treasury is considering plans to expand VAT for the ‘sharing economy’ to help ensure there is a level playing field for all businesses.
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3 Dec 20
Chancellor Rishi Sunak has warned that servicing the government’s record debt could become “problematic” if interest rates start to rise.
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12 Nov 20
The UK government has been urged to consider moving capital gains tax rates in line with income tax levels, which could raise an additional £14bn annually, according to the Office of Tax...
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20 Oct 20
Mid Ulster District Council has won a VAT case which could see councils in Northern Ireland receive up to £50m in rebates on admission charges to their leisure facilities.
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16 Oct 20
HMRC needs to make fundamental changes to how it collects tax, as compliance is expected to drop as a result of Covid-19, according to the Public Accounts Committee.
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5 Oct 20
Radical reform of the local property tax model in England is long overdue, but must be accompanied by a 21st-century approach on valuation
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21 Sep 20
HMRC recovered £7.9bn less from fraud and error in the first three months of this financial year than it did in the same period in 2019 – a drop of more than half.
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11 Sep 20
Imposing tax increases too early could “stifle” the UK’s economic recovery from the coronavirus pandemic, a report from the Treasury Select Committee has warned.
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3 Sep 20
Tax reforms should be implemented alongside the raising of tax rates to make eventual rises “less painful”, the Institute for Fiscal Studies has suggested.
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2 Sep 20
Work and pensions secretary Therese Coffey has suggested the cutting of taxes could help stimulate the economy post-Covid-19.
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26 Aug 20
The government has an opportunity to use its proposed shake-up of business rates to incentivise energy efficiency measures in commercial property, says Kevin Muldoon-Smith.
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5 Aug 20
A reported proposal to raise business rates for the most valuable properties has the potential to be hugely unfair, Savills has warned.
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17 Jul 20
Chancellor Rishi Sunak has warned of “tough choices” that will have to be made on tax policy during a grilling by MPs.
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9 Jul 20
Government borrowing in response to Covid-19 could rise to £500bn in the wake of chancellor Rishi Sunak’s economic package announced yesterday, according to the Institute for Fiscal Studies.
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22 Apr 20
A group of more than 100 opposition politicians have called on the government to implement a universal basic income, in a bid to help ease finances post-coronavirus.
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18 Dec 19
To achieve “sorely needed” reform of the tax system, the chancellor must set out a clear vision, seek expert advice and not rush through his plans, the Institute for Government has said.
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21 Nov 19
Boris Johnson’s pledge to raise the National Insurance Contribution threshold would benefit wealthier households, think-tanks have claimed.
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12 Jul 19
Tech giants such as Facebook, Google, and Twitter are set to face far larger tax bills from April 2020, the government has confirmed.
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27 Jun 19
Tory leadership contenders’ tax and spend pledges would cost the country billions, researchers have found.
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31 May 19
Conservative leadership hopefuls have endorsed calls to slash corporation tax in the UK.
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8 May 19
The assignation of almost £6bn in VAT revenues to the Scottish Government is to be put on hold due to concerns that volatile estimates of tax receipts would pose an “enormous risk” to the Scottish...
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1 Feb 19
Reviewing the UK’s tax relief bill should be a central part of this year’s Spending Review, a think-tank has urged.
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29 Oct 18
The chancellor has announced a digital services tax to ensure “global giants” pay their fair share of tax on their UK profits, which he expects will raise £400m a year for the public purse.
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7 Jun 18
Ministers will have to make unpopular decisions on taxation to raise health service funding, says Thomas Pope of the Institute for Fiscal Studies.