Category : Search result: wealth tax proposal


Secret Santa Proposal Sparks Family Budget Row

A TikTok debate erupts after a man's sister gets engaged during a family Secret Santa with a strict £50 limit. Was it romantic or a rule-breaking budget dodge? Read the full story.

Council Tax to Rise 5%: How to Cut Costs

Millions face a 5% council tax hike next year, adding £114 to typical bills. Discover actionable ways to reduce your payments and challenge your band.

Reeves' Budget: Cost of Living Help and Tax Rises

Chancellor Rachel Reeves promises to tackle the cost of living crisis in her autumn budget, unveiling a multibillion-pound tax package. Discover the key measures and political reactions.

New HMRC Tax Rules for Self-Employed in 2026

Self-employed workers and landlords earning over £50,000 must prepare for HMRC's Making Tax Digital for Income Tax, requiring quarterly digital updates from April 2026. Learn how to adapt.

Labour rules out wealth tax under Rachel Reeves

Shadow Chancellor Rachel Reeves has definitively rejected implementing a wealth tax if Labour wins power, ruling out new taxes on property, pensions, or higher earners in a major pre-budget announcement.

California Billboard Marriage Proposal Goes Viral

A romantic Californian man has taken his marriage proposal to new heights with a massive billboard declaration that's captured hearts worldwide. Discover the story behind this extraordinary public gesture.

£70TN inheritance boom to worsen UK inequality

Leading economists warn that an unprecedented £70 trillion in wealth transfers over the next decade will dramatically widen the gap between rich and poor, creating a 'silver spoon' economy.

Reeves plans 'death tax' hikes and stealth Budget levies

Chancellor Rachel Reeves is preparing a blizzard of tax increases targeting wealthy estates and middle earners, with inheritance tax reforms and capital gains adjustments on the table. Meanwhile, horse racing escapes gambling reforms in what critics call

Reeves Declares War on Tax Dodgers with New Charge

Shadow Chancellor Rachel Reeves unveils bold plan to target non-doms and private equity with new tax measures to fund public services, as Labour positions itself as party of fiscal responsibility.

HMRC cracks down on side hustle tax evasion

BBC money expert reveals HMRC's new powers to track your side income from online platforms. Discover what you need to declare and how to avoid penalties in our essential guide.

2024 Income Tax Changes: What You'll Really Pay

Millions of UK workers face significant income tax changes from April 2024. Our comprehensive guide breaks down exactly how the new tax rates and thresholds will impact your take-home pay.

Scots Face £6,500 Council Tax Hike in SNP Overhaul

Homeowners across Scotland brace for financial blow as SNP government plans radical council tax overhaul that could see bills increase by up to £6,500 annually under controversial new property valuation system.

Labour's Mansion Tax Targets Wealthy Property Owners

Shadow Chancellor Rachel Reeves announces Labour's mansion tax proposal targeting properties over £2-3 million to generate billions for NHS and social care, sparking political debate ahead of potential election.

Reeves declares war on wealthy tax dodgers

Shadow Chancellor Rachel Reeves vows to target Britain's wealthiest tax evaders in radical HMRC overhaul, promising to recover £700m for public services while ruling out wealth tax for those paying their fair share.

Why the Mansion Tax Would Damage Britain's Economy

Ruth Sunderland delivers a blistering critique of Labour's proposed mansion tax, arguing it represents a misguided assault on aspiration that could damage the UK economy and housing market.

Why Labour must tax wealth, not just income

As Labour prepares for government, experts argue that taxing wealth through mansion levies and council tax reforms could be the key to solving Britain's fiscal crisis without punishing ordinary workers.

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