Downing Street dismissed the concerns as the Institute for Fiscal Studies said the prospective borrowing plan is ‘very ...

Rachel Reeves needs another £16bn to meet pledges, says influential think tank the Institute for Fiscal Studies.

Rachel Reeves must raise taxes by £25 billion in the upcoming budget to prevent austerity and fund public services, the ...

Chancellor Rachel Reeves will need to increase taxes or borrowing to avoid making cuts to public services, according to ...

Keir Starmer fuels tax hike fears ahead of Budget as Tory leadership row breaks out - Tory leadership race intensifies as ...

That year, the UK had a total income tax receipt of £225bn, with contributions from some 33m taxpayers. The 60 people with ...

Rachel Reeves has been urged to cut the lump sum people can claim tax-free - which many use to pay off mortgages or gift to ...

A leading UK think tank, The Institute for Fiscal Studies, (IFS), has issued a stark warning about the financial challenges awaiting the next government, whatever party wins the July General Election.

Exchequer secretary James Murray MP confirmed this at a Labour conference fringe event hosted by the British Retail ...

Treasury officials have reportedly warned Rachel Reeves about cutting the 40 percent tax relief for high earners ...

The government is said to be considering dropping plans to cut pension tax relief for higher earners amid concerns it would ...

It would also improve Canada’s tax competitiveness. Estonia, for example, only taxes business disbursements and does not tax earnings reinvested in the business. It routinely ranks at the top of the ...