Fuel duty, frozen for over a decade, faces uncertainty under the prospective leadership of Andy Burnham as Prime Minister. The current Labour Chancellor, Rachel Reeves, pledged to keep the freeze intact until the end of this …
Andy Burnham has pledged that state pensioners could be £537 better off thanks to a proposed rule change by HMRC and a Labour government, should he become Prime Minister. This announcement follows an analysis by the Centre …
Rachel Reeves, the Labour Party Chancellor, has announced a significant change affecting nearly three million workers with a new £2,000 cap on pension contributions made through salary sacrifice schemes. Set to come into …
In a significant move to ease the financial burden on drivers and businesses, Rachel Reeves has announced a temporary reduction of Vehicle Excise Duty (VED) for heavy goods vehicles (HGVs) to just £1. This 12-month “holiday” …
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 …
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 …
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 …
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 collection …
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 …
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 …
State pensioners are set to face higher tax bills due to the government’s decision to freeze tax thresholds for an additional three years—a move that has alarmed finance and pension experts alike. Chancellor Rachel Reeves, …
The Department for Work and Pensions (DWP) is preparing to implement a new policy targeting young benefits claimants under the Labour government’s latest welfare reform. Chancellor Rachel Reeves unveiled a Youth Guarantee …
Starting next April, home workers in England will no longer be able to claim tax relief on additional costs such as heating, electricity, or broadband incurred while working from home. This change comes after Labour Party …
Rachel Reeves has promised to make “fair and necessary choices” in the upcoming Budget, despite strong expectations of multiple tax increases. As Chancellor, she is set to deliver her second Budget on Wednesday, focusing on …
Dudley Council tenants face a rent increase of £4.76 per week next year, with the possibility of additional rises pending government decisions. Chancellor Rachel Reeves is set to confirm rent convergence in her upcoming …