New chancellor Kwasi Kwarteng announced a raft of tax cuts including a reduction in national insurance payments, in a move he said will shift the economy from a “vicious cycle of stagnation into a...
Councils in England could receive grants to offset landfill tax costs when redeveloping brownfield and contaminated land, in a move the government hopes could help transform underused and derelict...
Tax cuts proposed by Conservative leadership candidate Liz Truss could cost more than £30bn and break the government's fiscal rules, economists at the Institute for Fiscal Studies have warned.
A lack of taxes on wealth means young people are left paying a disproportionate share of the tax burden, despite older people generally being wealthier, an expert has said.
Government debt could peak at more than three times GDP over the long-term without tax rises or spending reductions, the Office for Budget Responsibility has warned.
Scotland is set to prioritise spending on health, education and climate change over the next four years, leaving other areas such as local government facing cuts, according to experts.
Chancellor Rishi Sunak has announced a windfall tax on energy companies’ “extraordinary” profits to help fund support measures aimed at helping people through the cost-of-living crisis.
The Northern Irish government could be given responsibility for setting and collecting income tax by 2027, matching agreements in Scotland and Wales, if there is political will to do so, a report has...
Councils have called for clarity over proposed compensation levels after the government announced it will press ahead with plans to remove large telecom companies and railway services from local...
Proposals to abolish section 106 charges in favour of a new infrastructure tax could disincentivise investment in poorer regions, working against 'levelling up', according to experts....
The funding committed to social care bodies through Health and Social Care Levy, which went live today, is not enough to meet cost pressures and sector reforms, according to an expert.
Clive Betts, chair of Parliament's Levelling Up, Housing and Communities Committee, has demanded answers from communities secretary Michael Gove on how councils can administer energy rebates to...
A lack of detail on how proposed national insurance changes will affect health and social care budgets shows the claimed link between the two is 'absurd', according to experts.
Chancellor Rishi Sunak will have some ‘wiggle room’ to help tackle the rising cost of living in his Spring Statement as government borrowing undershoots forecasts, according to an influential...
The government must clarify how councils administer energy bill rebates to ensure that nobody misses out on payments, according to Clive Betts, chair of Parliament's Levelling Up, Housing and...
The government’s decision to freeze income tax bands will provide the government with £20bn additional revenue a year, more than double initial forecasts, according to the Institute for Fiscal...
Devolving control of some taxes to local authorities could harm the 'levelling up' agenda by deepening financial issues in poorer regions, a senior minister has warned.
An online sales tax to offset the loss of business rates income could raise up to £2.5bn a year and might cover all remote purchases – including those made via mail order and telephone – ...
The UK government could fund its ‘levelling up’ ambitions by raising taxes on high income earners without increasing the national deficit, according to the International Monetary Fund.
Public bodies owe an estimated £260m in tax, after they were given insufficient time to adopt changes to employment regulations, according to the National Audit Office.
A lack of tax raising powers for devolved authorities in the ‘levelling up’ white paper means local areas will lack the resources needed to transform local economies, according to one local...
Local government secretary Michael Gove has suggested that higher taxes could be levied on property developers as a “backstop” to fund the £4bn removal of dangerous Grenfell-style cladding.
The government has shied away from a fundamental reform of the business rate system in the 2021 Autumn Budget and Spending Review, with experts saying councils still lack long-term...
