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Change affecting up to 300,000 people does not mean they will pay less tax and may not happen, in theory, until 2029Up to 300,000 people with side hustles ranging from selling clothes online to dog walking are to be freed from the chore of having to do…
Abdul Qahar Ghorbandi, head of Afghanistan’s Taxpayers Services Directorate, has the hard job of raising money in an impoverished country hobbled by international sanctions.
Thinktank says juicy cuts this year follow far bigger increases in 2023 and precede planned ‘chunky rises’Jeremy Hunt’s expected pre-election giveaway budget will be sandwiched between £20bn of tax increases already implemented and a further £17bn of h…
Chancellor cuts national insurance but OBR says UK facing biggest fall in living standards since records beganAutumn statement – key points at a glanceKeir Starmer has said that a pause in hostilities between Israel and Hamas must be used to tackle th…
Union leaders and MPs on left of party say UK’s finances must be improved by taxing very richestRachel Reeves is under pressure to drop Labour’s blanket opposition to higher taxes on wealth, amid growing alarm within the party over extreme levels of in…
Former U.S. citizens who live abroad have filed a class-action lawsuit saying the $2,350 fee to relinquish their nationality was exorbitant.
Thinktank says increasing capital gains tax rates to same as employment tax would raise £10bn extraA graduate earning £35,000 a year pays almost double the average tax of someone with same income from rent on property, according to a study of inequalit…
Campaigners for tax reform say similar levies in Europe have helped to reduce inequality A modest wealth tax on the richest 350 families in the UK could raise more than £20bn a year – enough to fund the construction of 145,000 new affordable homes a …
Jeremy Hunt’s freeze on allowances and thresholds will put a quarter of teachers and one-eighth of nurses in 40% income tax bracketOne in four teachers and one in eight nurses will be higher-rate taxpayers by 2027 as a result of the government’s record…
Study commissioned by Guardian details scale of hit to household finances from AprilA wave of rising bills and tax hikes coming into effect in April will leave a family on a £50,000 annual income almost £700 a year worse off, according to a study of th…