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The UK should press ahead with the inevitable on tax
Addressing fiscal challenges promptly is crucial to prevent negative impacts on consumer spending, business investments, and the broader economic expansion in the United Kingdom.
Read Full Article →UK disposable income falls at fastest rate since 2023
Despite wage growth earlier in the year, higher taxes and inflation have reduced the amount of money individuals in the UK can spend or save, impacting overall financial stability.
Read Full Article →Why global imbalances do matter
Implementing a tax on capital inflows could influence international investment patterns and address disparities in global financial flows, potentially impacting economic stability...
Read Full Article →HMRC has ‘lost control’ of small businesses as missing tax hits 40%
A substantial portion of unpaid taxes originates from smaller companies, which represent nearly two-thirds of total outstanding revenue, indicating significant challenges in tax co...
Read Full Article →Private schools lose VAT court challenge
The court's decision means that private schools will be required to continue paying the newly introduced tax, potentially increasing their operational costs and affecting their ove...
Read Full Article →UK makes new concessions to private equity on tax crackdown
The government has introduced adjustments to the tax rules affecting carried interest, potentially easing the financial obligations faced by private equity firms under the revised...
Read Full Article →IMF gives Reeves political cover to ‘refine’ UK fiscal rules
The IMF’s assessment provides support for adjustments to the UK’s budget guidelines while highlighting limited fiscal flexibility, indicating that future economic shocks may requir...
Read Full Article →Trump says $175bn ‘Golden Dome’ will be completed during his term
The allocation of $25 billion within the current tax and budget legislation highlights the project's potential impact on federal spending and its broader economic implications duri...
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