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Prime minister says ‘the best tax cut we can give is to cut inflation’ after Michael Gove says taxes should be cut before general electionThe BBC’s Sunday with Laura Kuenssberg is starting. As well as Rishi Sunak, Wes Streeting, the shadow health secre…
Chancellor says system has to be ‘mix of carrot and stick’ with more assistance to help people find jobsThe UK’s welfare budget could be cut to pave the way for Tory tax cuts, the chancellor has said ahead of the party’s annual conference in Mancheste…
Thinktank carried out analysis as calls mount among Tory MPs for the tax to be abolishedScrapping inheritance tax would cost the government almost £15bn a year in lost revenue by 2032, according to analysis by the Institute for Fiscal Studies that foll…
Superannuation and property investment fuels growing inequality, with the richest fifth worth an average of $3.2mGet our morning and afternoon news emails, free app or daily news podcastAustralia’s wealth gap has continued to grow over the past two dec…
No 10 plays down speculation PM would reduce rate of tax, which only affects around 4% of deaths a yearRishi Sunak is reportedly considering an inheritance tax cut as he attempts to woo voters and create dividing lines with Labour, who are comfortably …
The NSW moderate urges parliament to respond to the housing affordability crisis in her first Senate speechFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Liberal senato…
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…
Blacktown’s Kerry Robinson warns rates would need to rise by 40% to pay for community facilities for more than 250,000 expected new residentsGet our morning and afternoon news emails, free app or daily news podcastThe chief executive of New South Wales…
Delegates at Labor’s national conference this week will argue funding for social and affordable homes should be raised via a 40% tariff on top-earning companiesGet our morning and afternoon news emails, free app or daily news podcastLabor’s left factio…
Consulting firm couldn’t say how many times its former general counsel was involved in privilege claims made to tax office, Senate inquiry hearsGet our morning and afternoon news emails, free app or daily news podcastPwC Australia lost track of who pre…