Category : Search result: tax penalties


Rachel Reeves Abandons Labour's Mansion Tax Plan

Shadow Chancellor Rachel Reeves abandons Labour's proposed 'mansion tax' on high-value properties, signalling a significant policy U-turn and a new focus on economic stability to win voter trust.

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 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.

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.

Unknown UK parking rule risks £100 fines

Millions of UK motorists are unknowingly risking hefty fines due to a common misunderstanding of a key Highway Code rule. Our investigation reveals the simple mistake that could cost you.

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.

Loud car music could land £5k fine in UK

Playing music too loudly in your car isn’t just annoying – it could land you a hefty fine under UK road laws. Experts reveal the surprising risks.

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.

Michigan faces NCAA penalties over scouting violations

The NCAA has imposed a hefty fine and suspension on Michigan's football program following an investigation into illegal scouting activities. Key staff members, including analyst Moore, face severe consequences.

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