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Nobel-prizewinning economist calls for new top rate of income tax and 2-3% wealth tax on fortunesJoseph Stiglitz, the Nobel prize-winning Keynesian economist, has called for the super-rich to be subjected to taxes as high as 70% to help tackle widening…
Embattled Tory party chair reveals he made ‘careless but not deliberate’ error over multimillion-pound share saleNadhim Zahawi was battling to save his political career on Saturday night after he finally admitted reaching a tax settlement with HM Reven…
AML Tax (UK) Ltd, which ran payment programmes, was ‘part of Doug Barrowman’s Isle of Man-based Knox Group’Three payment programmes operated by a company linked to the husband of the Conservative peer Michelle Mone have been named as tax avoidance sche…
PM suggests public understands what is affordable, but his stance could trigger fresh backlash from Tory MPsUK politics live – latest news updatesRishi Sunak has suggested the government cannot afford any immediate tax cuts, saying people are “not idio…
This live blog has now closed, you can read more on this story hereRishi Sunak has defended the distribution of levelling up funds, saying that the north of England has received more per head than the south.Speaking on a visit to Accrington, in Lancash…
UK entrepreneur says economic strategy has left Britain in a ‘Covid inertia’ and calls for growth planSir James Dyson, the billionaire businessperson, has launched a withering attack on Rishi Sunak’s government, saying its “shortsighted” and “stupid” e…
Exclusive: Treasury sources say chancellor is resisting pressure from MPs who want taxes to start falling well before next electionJeremy Hunt is planning a “slimmed down” spring budget with no immediate tax cuts as the Conservatives press ahead with a…
Questions were raised over Tory chair’s use of offshore company to hold shares in polling firm YouGovNadhim Zahawi has agreed to pay several million pounds in tax to the authorities after a dispute over his family’s financial affairs, it has been repor…
Fraud and error have left ‘eye-watering’ amount owed to HMRC, says public accounts committeeThe government has been criticised for failing to collect £42bn in unpaid tax from businesses and individuals amid concern over the strain on the public finance…
Opposition day debate seeks to establish committee to investigate reforming tax benefits enjoyed by independent schoolsLabour will attempt to force a binding vote on ending private schools’ tax breaks and use the £1.7bn a year raised from this to drive…