GBP/USD 1.346 EUR/GBP 0.856 GBP/JPY 196.599 EUR/USD 1.152 GBP/AUD 2.080 USD/JPY 146.105 USD/CAD 1.373 AUD/USD 0.647 CAD/JPY 106.394 EUR/CAD 1.583 GBP/CAD 1.848 AUD/CAD 0.888 AUD/JPY 94.515 AUD/NZD 1.083 EUR/AUD 1.781 GBP/USD 1.346 EUR/GBP 0.856 GBP/JPY 196.599 EUR/USD 1.152 GBP/AUD 2.080 USD/JPY 146.105 USD/CAD 1.373 AUD/USD 0.647 CAD/JPY 106.394 EUR/CAD 1.583 GBP/CAD 1.848 AUD/CAD 0.888 AUD/JPY 94.515 AUD/NZD 1.083 EUR/AUD 1.781
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Finance News – Tax

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City A.M. • Jun 03, 2025

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...

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MarketWatch Top Stories • Jun 02, 2025

Trump ‘revenge tax’ may open new front in global trade war, with consequences for your wallet

A recently included measure in the tax legislation has the potential to intensify international trade tensions and impact financial markets, which could affect individual investmen...

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Investopedia • Jun 02, 2025

Sports Betting Stocks Slip as Illinois Passes New Per-Bet Tax

The introduction of a new tax on individual wagers in Illinois has impacted market valuations, leading to a decline in shares related to sports gambling companies.

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Kiplinger • Jun 02, 2025

Tax Rule Change Could See Millions Lose Health Insurance

If adjustments to the health premium tax credit are not maintained, millions of individuals may face increased financial burdens due to losing coverage previously supported by this...

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City A.M. • Jun 02, 2025

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...

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MarketWatch Top Stories • May 29, 2025

How the tariff ruling could make passing Trump’s megabill harder

The recent decision on tariffs could reduce anticipated revenue sources, potentially complicating efforts to secure congressional approval for the extensive tax and spending initia...

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Globe and Mail Investing • May 29, 2025

Complicated tax rules can lead to unexpected GST/HST on real estate

Understanding complex tax regulations is crucial, as it may result in unforeseen goods and services tax or harmonized sales tax liabilities related to property transactions, affect...

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City A.M. • May 28, 2025

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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The Guardian – Business • May 27, 2025

By delaying its child poverty plan, Labour has a chance to reverse 15 years of inequality | Gordon B...

Delaying the child poverty strategy allows Labour to carefully assess financial resources and policy measures, ensuring any proposed changes can be effectively supported within the...

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BBC Business • May 27, 2025

IMF raises UK growth forecast as it warns on tax and spending

The IMF's updated projection of a 1.2% expansion highlights moderate economic improvement while cautioning that fiscal policies involving taxation and government expenditures may p...

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Financial Times • May 27, 2025

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...

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The Guardian – Business • May 24, 2025

Trump’s latest Wall Street showdown pushes investor scepticism to the brink

The proposed fiscal policies have increased uncertainty among investors, causing volatility in bond markets and potentially affecting international economic stability through heigh...

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The Guardian – Business • May 23, 2025

The Guardian view on billionaire Britain: tax wealth fairly or face democratic unravelling | Editori...

The growing concentration of wealth among Britain’s richest families highlights concerns about economic imbalance, as the financial gains of a few increasingly surpass those of a l...

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Globe and Mail Investing • May 22, 2025

You’ve been flagged for a CRA audit. Here’s what happens next

Being selected for an audit by the tax authority can lead to financial scrutiny, potential adjustments to your tax obligations, and the importance of managing stress to navigate th...

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Investopedia • May 20, 2025

GOP Is Proposing Two Tax-Advantaged Savings Accounts—Including One With a $1,000 Bonus for Babies

The GOP's plan introduces two new savings options designed to encourage personal financial growth, one of which offers an initial $1,000 incentive specifically aimed at supporting...

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Financial Times • May 20, 2025

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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City A.M. • May 19, 2025

Inflation set to ramp up after ‘Awful April’

Rising prices driven by recent increases in taxes and utility costs are anticipated to push consumer expenses higher, potentially affecting household budgets and economic stability...

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City A.M. • May 18, 2025

Reeves’ tax hikes are ‘death blow to London,’ Britain’s richest warn

Recent tax policy changes under Chancellor Reeves have prompted concerns among wealthy individuals, as increased levies may influence business leaders to relocate, potentially impa...

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City A.M. • May 16, 2025

Landsec boosts profit amid residential and retail pivot

Landsec reported increased earnings driven by a shift in its property holdings, with profit before tax rising to £395 million alongside substantial planned investments in the retai...

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The Guardian – Business • May 15, 2025

Wealthy Britons avoiding more tax than thought, spending watchdog says

The National Audit Office highlighted a significant shortfall in tax revenues from affluent individuals, emphasizing the need for increased government action to recover billions of...

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City A.M. • May 15, 2025

City veteran Lord Rose ‘horrified’ by slow growth under Labour

Stuart Rose expressed concern over the UK’s sluggish economic progress under current policies, highlighting the potential impact on business confidence and overall financial stabil...

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Kiplinger • May 15, 2025

The GOP Wants to Auto-Enroll Your Child in a MAGA Savings Account

If implemented, the proposed House GOP tax policy would automatically create a tax-favored savings account for children, potentially affecting family financial planning and governm...

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Decrypt • May 14, 2025

Senators Urge Treasury to Rethink Tax on Unrealized Crypto Gains

Lawmakers expressed concern that the proposed tax on unrealized cryptocurrency gains could negatively impact domestic businesses by increasing their financial burden compared to in...

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City A.M. • May 13, 2025

Marston’s: Pub chain swings back into the black

Marston’s has returned to profitability with a notable rise in underlying profit before tax to £19 million in the first half, supported by increased customer demand and improved co...

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City A.M. • May 10, 2025

Rachel Reeves plans ISA review

The upcoming review of individual savings accounts aims to assess potential changes to tax-free cash limits, which could impact savings strategies and financial planning for invest...

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MarketWatch Top Stories • May 09, 2025

‘That would be madness’: Why Trump’s tax-the-rich push could fracture the GOP

Proposals to increase taxes on wealthy individuals aim to fund additional benefits such as tip and overtime pay, potentially causing divisions within the Republican Party over fisc...

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ABC News Business • May 09, 2025

Volunteer firefighters launch protest against Allan's 'horrendous' tax

The proposed new levy introduced by the Allan government has prompted demonstrations from CFA volunteers and farmers, highlighting concerns about its potential economic impact on l...

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CBC Business • May 06, 2025

After Trump vows tariffs on foreign movies, the Canadian film industry says he's lost the plot

Imposing steep tariffs on international films could disrupt revenue streams and trade relationships, potentially causing significant economic challenges for the Canadian movie mark...

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MarketWatch Top Stories • May 05, 2025

The next possible target in Trump’s battle with Harvard: Hiking the tax on its $53 billion endowment

A proposed congressional bill aims to raise the tax rate on large university endowments to 21%, potentially increasing the financial burden on Harvard and similar institutions with...

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City A.M. • May 05, 2025

Non-doms tax changes could lead to ‘billions’ in losses for Reeves

Recent modifications to tax regulations targeting wealthy non-domiciled individuals may result in substantial revenue shortfalls, potentially costing the government billions rather...

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