Andy Burnham, the newly elected Labour MP for Makerfield, is reportedly considering a proposal to increase the inheritance tax rate from the current 40% to 50%. This move, supported by the Labour-affiliated Institute for …
Rachel Reeves has confirmed the imminent removal of the working from home allowance as she prepares to leave her role as Labour Party Chancellor. Following Sir Keir Starmer’s resignation, Ms. Reeves is widely expected to be …
HM Revenue & Customs (HMRC) is poised to collect an additional £700 from millions of UK households, all because tax thresholds have been frozen since April 6, 2021. The personal allowance — the amount of income you can earn …
Starting April 2026, households across the West Midlands will experience an increase in council tax bills. This rise comes amid growing financial pressures for many families, adding to existing concerns about affordability. …
Council tax in Birmingham is set to rise by just under 5%, affecting residents differently depending on their area. During a turbulent budget meeting, the council approved a 4.99% increase for the 2026/27 fiscal year, which …
Labour leader Sir Keir Starmer has left the door open for a potential increase in income tax in the upcoming Autumn Budget, despite the party’s manifesto promise not to raise income tax, VAT, or national insurance …
HM Revenue and Customs (HMRC) is set to bill every taxpayer an average of £377 more each year following proposed changes under a Labour government, experts warn. This announcement precedes Chancellor Rachel Reeves’ Autumn …