Category : Search result: Labour wealth tax


American in Bali reveals daughter will never pay taxes

An American entrepreneur living a luxury life in Bali has sparked outrage by declaring his toddler daughter will 'never pay taxes' after he legally renounced their US citizenship, a move that severs all financial ties to America.

State Pension Tax Trap: Thousands Owe HMRC

A hidden tax trap is snaring UK state pensioners. Discover why you might owe HMRC even if your income is below the tax threshold and how to check if you're affected.

Reeves accuses Treasury of concealing Tory tax analysis

Shadow Chancellor Rachel Reeves demands transparency, alleging the Treasury is withholding crucial analysis on Tory tax policies. The government denies the claims, setting the stage for a major economic debate.

Reeves Launches Major Overhaul of UK Property Tax System

Chancellor Rachel Reeves launches a comprehensive review of the UK's property tax system, targeting council tax and stamp duty in a bid to create a fairer, more efficient model for homeowners and the Treasury.

Holly Willoughby's firm gets tax bill extension

Runnens Media, co-owned by TV presenter Holly Willoughby, has been granted extra time to settle a significant corporation tax bill, raising questions about the financial health of the celebrity-backed enterprise.

HMRC £42bn Unclaimed Tax Refund Alert

Exclusive: HMRC is sitting on a £42bn pot of unclaimed tax refunds. Our guide reveals the simple checks to see if you're owed money and how to claim it securely.

UK's Alderley Edge Topples Beverly Hills as Richest Postcode

A stunning waterfront enclave in the UK has unseated California's iconic 90210 to claim the title of America's wealthiest ZIP code, with an average household income soaring to £1.04 million, according to new data from Forbes.

Reeves axes mansion tax in major Budget U-turn

Chancellor Rachel Reeves scraps Labour's flagship mansion tax and higher capital gains plans, signalling a pro-business shift. Full analysis of the new Budget priorities.

Reeves Poised to Overhaul Dreaded Council Tax

Exclusive: Chancellor Rachel Reeves is on the verge of announcing the most significant local government finance reform in a generation, aiming to axe the widely criticised council tax and replace it with a fairer property levy. This seismic shift promises

Albanese's 'Productivity' Tax Overhaul Sparks UK Debate

Exclusive: The Albanese government is spearheading a controversial 'productivity'-focused tax reform, aiming to shift the UK's economic debate from austerity to strategic investment. Critics warn of potential tax hikes.

GOP Rep's Tax Loophole Advice Sparks Ethics Scandal

EXCLUSIVE: Iowa Congresswoman Mariannette Miller-Meeks faces scrutiny after advising constituents to exploit tax loopholes in a leaked town hall recording, raising serious ethical questions in Westminster.

Labour's 'Workers Tax' Could Cost Families £1,600 Extra

Exclusive investigation reveals Labour's proposed 'Proportional Property Tax' could cripple average workers, with bills soaring up to £1,600 annually. Experts warn of devastating impact on family finances and rental markets.

Reeves Scraps Stamp Duty Overhaul for Overseas Buyers

In a dramatic U-turn, Chancellor Rachel Reeves has scrapped the previous government's controversial stamp duty relief for non-UK residents, marking a significant shift in housing policy and sparking debate across the property industry.

Labour mulls new homes tax amid £50bn shortfall

Labour's shadow chancellor Rachel Reeves is reportedly considering a new tax on homes to address a £50 billion spending shortfall, sparking fresh debate over the party's fiscal plans.

Garden shed tax warning for UK homeowners

Thousands of UK homeowners could be hit with surprise tax bills for their garden sheds, garages, and other outbuildings due to a little-known council tax rule. Experts warn that failing to declare these structures may lead to hefty fines.

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