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Top private school faces job cuts after Reeves’ tax grab
The introduction of VAT on school fees by the Labour government has created financial challenges for a well-known private institution, potentially leading to reductions in staff to...
Read Full Article →Labour is locking Britain into a high-tax, low-growth doom loop
Rising taxes, increased borrowing costs, higher unemployment, and inflation are contributing to slower economic growth, prompting concerns about the long-term financial challenges...
Read Full Article →‘You’ll have to wait and see’: Reeves’ deputy can’t rule out autumn tax rises
The Treasury chief secretary indicated that future fiscal decisions, including potential tax increases in the autumn, will depend on upcoming economic forecasts and will be careful...
Read Full Article →UK firms dodge Reeves’ tax raid with WFH roles abroad
Some UK businesses are employing remote workers based overseas to reduce expenses and minimize the impact of new tax measures and regulations targeting domestic employers.
Read Full Article →Council tax spike to pay for Reeves spending plans
A recent analysis indicates that local tax contributions will increase significantly to fund upcoming municipal expenditures outlined in government financial strategies, marking th...
Read Full Article →Economists warn Rachel Reeves could be forced to make ‘£20bn tax grab’
Following the announcement of increased government expenditures across various sectors, experts indicate that significant revenue increases may be necessary to address fiscal chall...
Read Full Article →UK GDP growth expected to slide after Awful April
Economic forecasts indicate a slight contraction in the UK’s output for April, influenced by increased taxation and rising energy costs, potentially undoing the modest expansion re...
Read Full Article →Rob Cross: Darts star banned as director over unpaid tax of £450,000
Rob Cross has received a five-year prohibition from holding directorships following his company’s significant failure to settle a tax debt exceeding £460,000 with HM Revenue and Cu...
Read Full Article →UK services jobs decline on ‘longest streak’ since financial crash
The prolonged reduction in employment within the UK service industry reflects ongoing economic challenges, as companies struggle to preserve profitability amid rising labor expense...
Read Full Article →Starmer’s defence pledges will trigger a tax bombshell
Keir Starmer’s proposed defence investment is expected to substantially impact government revenue, potentially leading to notable changes in tax policy to support increased nationa...
Read Full Article →Reeves’ tax raids and tariff woes strain UK manufacturers
British manufacturers faced ongoing financial pressures in May as increased taxation and trade barriers contributed to a subdued operational outlook, despite a slight improvement i...
Read Full Article →HMRC review signals potential pension tax changes in Autumn
A government review of workplace retirement plans may lead to adjustments in tax advantages for pension contributions, potentially affecting the savings and financial planning of i...
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