Chancellor faces 'impossible trilemma' of meeting her fiscal rules, fulfilling spending commitments, and upholding manifesto promises to avoid tax rises ...

The chancellor will miss her self-imposed rules without action, the National Institute for Economic Affairs says.

From April 2026, landlords earning over £50,000 must use Making Tax Digital for Income Tax, streamlining tax reporting.

Rachel Reeves will have to increase taxes substantially this autumn to fill a £50billion black hole, economists warned last ...

The U.K. government is set to break its fiscal rules unless it raises taxes or cuts spending when it unveils its new budget ...

Many pensioners feel victimised by Labour - and understandably so. They were deprived last year of their universal right to ...

Leading economists say the chancellor may have to raise taxes, cut public spending or tear up her fiscal rules ...

‘Wealth tax’ (just like ‘working people’) is a politically loaded term that is difficult to pin down. The UK already has a lot of wealth - related taxes. Inheritance tax hits transfers of wealth, ...

HMRC has revealed that the threshold for submitting a Self Assessment tax return for trading income will increase from £1,000 ...

The taxman has announced plans to increase the Income Tax Self Assessment (ITSA) reporting threshold for income, from £1,000 ...

HMRC is reminding parents of 16 to 19 year olds to apply before an urgent deadline of August 31 2025, or payments will stop.

HMRC has announced the threshold for filing a Self Assessment tax return for trading income will rise from £1,000 to £3,000.