Tag: Tax policy
Government Announces New Car Tax Increases from April
The UK government has announced new increases to car tax (Vehicle Excise Duty) from April 2024, affecting millions of drivers. The changes include higher rates for petrol and diesel vehicles, with electric cars exempt...
Starmer Rejects Tory Claim on Employers’ National Insurance Increase – UK Politics Update
Keir Starmer, the leader of the Labour Party, is facing scrutiny over whether raising employers' national insurance contributions would constitute a breach of his party's manifesto promise. The Conservatives are claiming that such an...
Potential £10bn Revenue from Wealth Taxes to Fill Tory Budget Gap
Rachel Reeves could potentially generate around £10bn annually to fill half of the fiscal gap left by the Conservatives by increasing taxes on accumulated wealth, as per leading economists. A new study by the...