March 13, 2026
Tax

Government borrowing costs jump on reports of Reeves dropping income tax rise

Zeina Bain, managing partner at Sullivan Street Partners, said investors had steeled themselves for an income tax rise in the Budget, so reports on Friday that the chancellor had dropped those plans had come as “a bit of a surprise”. The other issue for investors, Ms Bain said, was about how the government would fill

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Tax

Rich New Yorkers consider fleeing to London to escape mayor Zohran Mamdani’s wealth tax – despite fears over Rachel Reeves’ budget plans

London might be bracing for Rachel Reeves‘ latest tax-hiking budget – but could it be about to welcome a wave of rich New Yorkers fleeing its socialist mayor Zohran Mamdani? That’s the verdict of one executive at a high-end London estate agency, which has already fielded a ‘significant number’ of enquiries from residents of the Big

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Tax

Eamonn Holmes says tax row has cost him over £1m and two homes – and he still owes money

TV star Eamonn Holmes has been struggling in recent years, health and money woes, while dealing with the fallout from a long-running tax battle Eamonn Holmes has been struggling in his personal life(Image: GB News) Eamonn Holmes has said that his long-running tax row with HMRC has left him over £1 million out of pocket,

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Tax

Embedded Tax Platform April Launches Real-Time Tax Estimation For Stock Trades

OBSERVATIONS FROM THE FINTECH SNARK TANK Let’s face it: taxes are the financial boogeyman that investors try to ignore until it’s too late—and by then, the IRS is knocking. Whether it’s a windfall from selling startup equity or trimming down a fat ETF position, few investors understand the tax implications of selling stock in real

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Tax

Almost 500,000 homeowners fail to meet extended local property tax deadline – The Irish Times

Almost one in four households has failed to file a required local property tax return despite the Revenue Commissioners extending the deadline. Revenue sought updated valuation details on 2.1 million homes around the State to determine the local property tax bills that will be payable from January. However, when the extended deadline for returns expired

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Tax

Ryanair vows to leave several major airports after ‘180 per cent’ tax changes

The budget airline has already abandoned a number of regional airports this year, including Strasbourg, Bergerac, and Vatry, and more could be added to the list in the coming months 10:57, 11 Nov 2025Updated 11:05, 11 Nov 2025 Some airports across France could be hit by capacity cuts soon(Image: Getty Images) Ryanair has announced it

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Tax

Reform UK council plans to DOUBLE tax on second homes despite Nigel Farage branding the idea ‘madness’ and ‘extortion’

By GREG HEFFER, POLITICAL CORRESPONDENT Published: 10:41, 11 November 2025 | Updated: 11:11, 11 November 2025 A Reform UK-led council plans to double council tax on second homes – despite party leader Nigel Farage having branded the idea ‘madness’ and ‘extortion’. North Northamptonshire Council is considering proposals to introduce a 100 per cent premium on

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Tax

Tax raid on pension contributions coming in budget, reports suggest – here’s what it would mean for you | Money News

The chancellor is set to trim tax breaks on salary sacrifice schemes that allow workers to make pension contributions without paying national insurance. Rachel Reeves is expected to cap tax-free sacrifices at £2,000 a year, according to reports. Staff putting away any more than that would have to pay the standard NI rate: 8% if

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Tax

HMRC issues update on ‘biggest change’ in income tax for 30 years

Thousands of people are testing the Making Tax Digital system before it becomes mandatory for some next year HMRC has published the first newsletter for those testing the Making Tax Digital system(Image: GETTY) The UK government is overhauling the tax system with the rollout of the Making Tax Digital platform, which becomes compulsory for certain

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Tax

Mutinous Labour MPs warn Rachel Reeves of electoral meltdown if she breaks manifesto pledge with 2p tax hike

By JAMES TAPSFIELD, UK POLITICAL EDITOR Published: 10:39, 10 November 2025 | Updated: 10:48, 10 November 2025 Rachel Reeves is facing a mounting revolt on her Budget plans today amid warnings smashing promises on tax would trigger disaster for Labour. The Chancellor has been dropping heavy hints that income tax could go up in the

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