Labour MP Steve Reed, the Secretary of State for Setting, Meals and Rural Affairs has been advised to resign because the Chancellor’s “household farm tax” has seen “a number of extra farmers” commit suicide. Reed’s reverse Victoria Atkins introduced within the Home of Commons there was extra suicides as a...
Reeves’ national insurance tax hike is here. What happens now?
Sunday 06 April 2025 6:00 am | Up to date: Friday 04 April 2025 5:57 pm Share Fb Share on Fb X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E mail Share on E mail Rachel Reeves’ employers’ nationwide insurance coverage tax hike is coming into impact...
What does making tax digital really mean? – London Business News | Londonlovesbusiness.com
Tax paperwork has all the time been a little bit of a headache, however Making Tax Digital (MTD) is right here to vary that. Designed to modernise the way in which companies deal with taxes, MTD makes record-keeping and submissions easier, sooner, and extra correct. No extra scrambling by stacks...
The government really needs ‘to wake up and change the tax landscape’ – London Business News | Londonlovesbusiness.com
Plans which is able to see WH Smith disappear from the Excessive Road marks a “very unhappy day”, a number one knowledgeable has mentioned. Keith Edelman mentioned the announcement was a “wake-up” name for the Authorities to do extra to assist retail. He mentioned, it “is a really unhappy day...
Stamp duty hangover hits London as 80% first-time buyers face tax rise
It was good whereas it lasted however London’s property market is now going through a spring hangover as the results of the top of the stamp obligation vacation take impact. For instance, a first-time purchaser buying a £550,000 property will see stamp obligation rise from £6,250 to £15,000 within the...
UK government plans to end North Sea windfall tax
Wednesday 05 March 2025 5:50 pm Share Fb Share on Fb X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E-mail Share on E-mail The trade physique for the North Seal’s oil and fuel sector mentioned that The windfall tax on earnings made by vitality corporations within...
83% of EV owners were unaware they will likely need to pay more tax from April – London Business News | Londonlovesbusiness.com
EV homeowners ought to re-tax their automotive earlier than April to save lots of near £200 over the following twelve months. The recommendation follows new analysis from Motorpoint which revealed that 83% of EV homeowners had been unaware that they might possible have to pay extra tax from April 2025....
EU Moves Closer to Putting a Waste Tax on Fashion
The EU agreed a deal Tuesday on new guidelines that can make massive trend corporations pay to wash up clothes waste.The deal between the European Union’s Parliament and Council requires all EU international locations to determine Prolonged Producer Duty schemes, making corporations producing and promoting textiles accountable for masking the...
Stamp duty tax: here’s what homebuyers must pay from April
The Autumn Finances, delivered by Chancellor Rachel Reeves on 30 October 2024, revealed that the stamp obligation surcharge on second properties and buy-to-let properties could be growing to 5 per cent from the following day. Labour had been urged to think about freezing stamp obligation tax at present discounted charges...
Which boroughs could go bust and what does it mean for council tax?
A rising variety of councils are warning that the skyrocketing value of offering companies is pushing them to the brink of chapter. Eight English city halls have gone bust since 2018, together with Croydon, Woking, Nottingham, Birmingham and Thurrock, and lots of extra are actually teetering on the sting. Native...