Kemi Badenoch has signalled that inheritance tax could be cut under a future Conservative government, but stopped short of announcing a specific funded tax reduction.
Charlotte Mercer · 2 min readKemi Badenoch has pledged to abolish the £100,000 earnings ceiling on childcare support in England, with the Conservatives estimating the policy would cost £700 million a year.
Charlotte Mercer · 3 min readA new UK-wide excise duty on vaping products has come into force, charging £2.20 for every 10ml of vaping liquid manufactured in or imported into the country.
Charlotte Mercer · 2 min readChancellor John Healey has pledged to stick to the Government's fiscal rules and said fiscal discipline will run through the 28 October Budget.
Charlotte Mercer · 2 min readPrime Minister Andy Burnham has pledged to develop an NHS-style National Care Service for England that would be free at the point of use, while saying nothing is off the table on funding.
Charlotte Mercer · 3 min readDowning Street says pensioners whose only income is the basic or new State Pension will not pay income tax on it during this Parliament, as the full new pension heads above the Personal Allowance.
Charlotte Mercer · 4 min readJohn Charlton says he cannot take ownership of his father Jack Charlton’s 1966 World Cup winner’s medal because of an inheritance tax demand he puts at £200,000.
Charlotte Mercer · 4 min readThe Government has announced plans to give English mayors a share of locally raised income tax as part of one of the biggest transfers of power away from Westminster in decades.
Charlotte Mercer · 2 min readChancellor John Healey has confirmed the Treasury is committed to ensuring pensioners whose only income is the state pension will not pay income tax, as the triple lock pushes payments toward the personal allowance.
Staff member · 3 min readThe Visitor Levy (Scotland) Act comes into force today, with Edinburgh becoming the first UK city to charge a 5% tourist tax on overnight stays.
Staff member · 3 min readFirst Minister John Swinney has confirmed that US tariffs on Scotch whisky have been fully removed, calling it a significant benefit for the industry after months of lobbying.
Staff member · 2 min readPrime Minister Andy Burnham has stepped back from plans to increase the personal income tax allowance, citing the state of the public finances despite raising expectations during the Makerfield campaign.
Staff member · 1 min read