Category : Search result: Treasury receipts


Inheritance tax receipts hit record £6.3bn

HMRC reports unprecedented inheritance tax receipts as frozen thresholds and soaring property prices drag more families into the tax net. Discover how fiscal drag is transforming IHT from a 'wealth tax' to a middle-class concern.

UK Economy Stagnates with Zero Growth in April

Shock Office for National Statistics data reveals zero growth in April 2024, handing incoming Chancellor Rachel Reeves immediate economic challenge days before taking office.

MPs: HMRC misses millions from gaming tax gap

A powerful Treasury Committee report reveals HMRC is failing to collect substantial tax revenue from major video game companies, including Fortnite maker Epic Games, urging urgent reforms to tackle digital economy tax avoidance.

Reeves Confirms Major Tax Rises in Autumn Statement

Labour Chancellor Rachel Reeves announces significant tax increases coming this autumn in her first major fiscal statement, marking the most substantial tax rises since Gordon Brown's government. The measures aim to address economic challenges post-Brexit

Labour's VAT on Taxis: Ministers Face Backlash

Exclusive: Labour ministers under fire as Treasury considers imposing 20% VAT on taxi journeys, sparking outrage from drivers and passengers facing fare hikes during cost of living crisis.

Reeves: No magic money tree for UK economy

Chancellor Rachel Reeves delivers hard-hitting speech at Wembley, ruling out immediate tax rises while promising tough spending decisions and economic stability.

Reeves: No 'magic wand' for UK economy

Chancellor Rachel Reeves delivers sobering assessment of UK finances, confirming tough decisions ahead as Labour confronts 'worst economic inheritance since WWII'.

Reeves unveils radical planning reforms to boost economy

In a bold move to kickstart economic growth, Chancellor Rachel Reeves announces sweeping planning reforms, greenlights data centres, and faces criticism over delayed decision-making on major infrastructure projects.

Reeves hunts budget headroom to insulate UK economy

Chancellor Rachel Reeves is exploring creative fiscal measures to create additional budget flexibility, aiming to shield Britain's economy from unpredictable bond markets while prioritising economic insulation.

Badenoch's Stamp Duty War Threatens Tory Unity

Kemi Badenoch's controversial stamp duty proposals spark internal Conservative conflict, exposing deep divisions over housing policy and economic direction ahead of potential election.

Treasury accused of undermining NI Brexit deal

Business Secretary Kemi Badenoch launches extraordinary attack on Treasury officials, claiming they're sabotaging post-Brexit trade arrangements in Northern Ireland against government policy.

VAT error gives Reeves £3bn budget windfall

Chancellor Rachel Reeves discovers unexpected £3bn for autumn budget after officials correct significant VAT calculation error, providing relief amid spending pressures.

HMRC overhaul after Farage tax clash sparks reform

Britain's tax authority is set for its biggest shake-up in decades following a controversial investigation into Nigel Farage's finances, with Treasury officials drafting urgent reforms.

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