Tag Archives: tax deductions

Labour’s secret tax increases will be brutal

Wes Streeting’s admission yesterday – that Labor has spending plans beyond what was promised in its manifesto – should throw the floodgates open and prompt proper scrutiny of exactly what Sir Keir Starmer’s government will do. The shadow health secretary admitted on television that Labour’s manifesto was not the party’s real plan for government. This… Read More »

How to reverse austerity? Cancel some £204bn tax cut plans

There are billions of pounds of unjustified tax grants that could be canceled to help reverse austerity, as Keir Starmer and Rachel Reeves consider the funding gap between what they want a Labor government to achieve and the money available. Successive governments have introduced tax cuts to boost economic growth; these rebates have proven to… Read More »

Tom Newton Dunn: Rachel Reeves plans to add new council tax bands… plus income tax cut

You will tax this. Well, you will tax this. But he has a hidden tax bomb in his hands. You already paid taxes on everything and on top of that you’re smelly liars. St. Nigel’s resurrection aside, I think that’s the takeaway for about 99.5 per cent of us from this week’s general election campaign.… Read More »

What is non-Dom status and why is the government considering abolishing it?

Chancellor Jeremy Hunt is reportedly considering scrapping non-dom status in his upcoming budget. (Alamy) The Chancellor is reportedly considering scrapping non-Dom tax status in the upcoming budget. Jeremy Hunt has previously defended the regulations, arguing that they encourage well-to-do people to live and work in the UK. But as the cost of living crisis continues… Read More »

Hunt refuses to rule out shock income tax cut amid warnings of revolt if budget favors the rich

The prospect of a shock income tax cut emerged after Chancellor Jeremy Hunt failed to rule it out. As he prepared to unveil his autumn statement on Wednesday, Mr Hunt said he wanted to put the country “on the path to lower taxes” but would “only do so in a responsible way”. The Chancellor was… Read More »