The public sector ran a £15bn surplus in January – the biggest on record for that month – as a result of strong taxes coming in, official figures have revealed.
A proposal which will see increasing divergence in income tax rates between Scotland and the rest of the UK has been given the green light by the Scottish Parliament.
Scottish councils are to be given the power to levy a local tourist tax as part of “the most significant empowerment of local authorities since devolution” under a budget deal struck by the Scottish...
The final local government finance settlement has handed Northamptonshire County Council a lifeline by allowing the cash-strapped authority greater council tax flexibility.
Council tax arrears in England are soaring after millions of households have been stripped of funding from schemes to help them with their bills over the last five years.
The Scottish finance secretary has defended his planned settlement for local government while stressing he is “open minded” to giving councils greater fiscal autonomy.
The Welsh Revenue Authority and Welsh Treasury are “working well” to implement plans that shift some tax and borrowing powers from the UK government to the country, the auditor general for Wales...
The HMRC has been accused of causing taxpayers considerable distress as it prioritises the recovery of tax revenue over justice, according to a group of Lords.
The Scottish Government’s draft budget this month will reveal not only the impact of an improving economic outlook on public finances but the extent of Holyrood’s determination to plough a...
