Tax

Friday, November 14, 2025 income tax labour rachelreeves keirstarmer budget u-turn politics chancellor uk

Rachel Reeves has decided to scrap proposed income tax hikes originally included in the Labour Party’s Autumn Budget. Sources reveal that the primary tax increase measures have been rejected by both Prime Minister Keir … Read More

Thursday, November 13, 2025 fosters lager alcohol heineken abv tax duty hospitality inflation uk

From February 2026, one of the UK’s most popular lagers, Foster’s, will reduce its alcohol by volume (ABV) from 3.7 percent. Heineken UK confirmed the change, aiming to appeal to consumers seeking lower-alcohol options. A … Read More

Thursday, November 13, 2025 tax ev vehicles drivers charge mileage 2028 newpolicy finance motoring

The Labour Party Chancellor Rachel Reeves has confirmed the start date for the controversial new car tax plan, set to charge drivers 3p per mile. Electric vehicle (EV) owners covering 10,000 miles annually could face an … Read More

Wednesday, November 12, 2025 coconuttree administration ukbusiness restaurant tax hmrc vat paye jobs closure

The Coconut Tree, a beloved UK restaurant chain, is on the brink of closing its high street locations, putting numerous jobs at risk. The popular eatery entered administration last week after failing to meet the terms of a … Read More

Tuesday, November 11, 2025 hmrc pensions tax lumpsum retirement finance taxcharge budget inheritance investments

HMRC is signaling potential penalties for UK households considering withdrawing their tax-free pension lump sum ahead of the upcoming Labour Party Autumn Budget in two weeks. Currently, most people can withdraw up to 25% of … Read More

Tuesday, November 11, 2025 inheritance tax hmrc uk budget exemptions pension gifting wealth finance

UK households may soon face the removal of key exemptions on inheritance tax (IHT), long known as the country’s most unpopular tax. Chancellor Rachel Reeves is set to deliver the Autumn Budget on November 26 amid … Read More