Rachel Reeves Confirms 5p Passenger Payment Rule for Work Lifts Amid Fuel Rate Changes Monday, June 1, 2026 reeves fuelrates hmrc amap carpool mileage tax inflation transport government Rachel Reeves has confirmed that the 5p per passenger per business mile payment for employees giving colleagues a lift to work will remain in place. The Labour government recently updated the Approved Mileage Allowance … Read More
Rachel Reeves Confirms Fuel Duty Cut Extended to Support Drivers Monday, June 1, 2026 fuel tax drivers labour hmrc duty petrol diesel reeves starmer HM Revenue & Customs (HMRC) has confirmed an extension of the temporary 5p per litre (ppl) fuel duty cut until January 2027, following a recent update by Labour Party Chancellor Rachel Reeves. The reduction, initially … Read More
IMF Urges Rachel Reeves to Reconsider Triple Lock Pension Policy Tuesday, May 19, 2026 imf reeves pensions triplelock fiscalpolicy publicdebt taxation ukeconomy statepension hmrc The International Monetary Fund (IMF) has advised Labour Party Chancellor Rachel Reeves to abandon the current triple lock pension policy and formulate contingency tax plans aimed at reducing public debt relative to GDP. The … Read More
HMRC Launches Aggressive Debt Collection Drive Amid Tax Crackdown Thursday, April 30, 2026 hmrc debt tax collection reeves government businesses finance regulation consultation HM Revenue & Customs (HMRC) is ramping up its debt collection efforts, spending over £5 million each month on private agencies to recover overdue taxes. Between October 2025 and February 2026 alone, HMRC paid debt … Read More
Rachel Reeves’ Car Tax Reform Could Cost Businesses £260 Million Saturday, April 4, 2026 electric vehicles tax car emissions bvrla fleets cost policy reeves The introduction of new car tax rules is poised to burden businesses with an estimated cost of £260 million, following the Labour government’s announcement of pay-per-mile charges. The British Vehicle Rental and Leasing … Read More
Rachel Reeves Unveils Support Plan for 1.7 Million UK Households Facing Heating Oil Price Surge Saturday, March 14, 2026 heating energy oil support households labour reeves treasury vulnerable prices Rachel Reeves, the Labour Party chancellor, is poised to introduce additional financial help for UK households struggling with rising heating oil costs. Heating oil, which warms and supplies hot water to approximately 1.7 … Read More