New £2.20 vaping tax comes into force across the UK today
A 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 readLatest in Tax
Healey puts ‘fiscal discipline’ at heart of 28 October Budget
Chancellor 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 readBurnham pledges NHS-style social care free at point of use as ‘nothing is off the table’ on funding
Prime 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 readGovernment promises State Pension-only retirees will not pay income tax as payments head above threshold
Downing 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 readJack Charlton’s Son Says £200,000 Tax Demand Prevents Him Inheriting World Cup Medal
John 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 readGovernment unveils plans to give English mayors a share of income tax in major devolution reform
The 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 readHealey Vows State Pensioners Will Not Pay Income Tax on Pension Alone
Chancellor 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 readScotland's Visitor Levy Comes Into Force as Edinburgh Introduces Tourist Tax
The 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 readSwinney Confirms US Tariffs on Scotch Whisky Are "Gone"
First 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 readBurnham Backs Away From Personal Tax Allowance Increase
Prime 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