Available for over a year Tim Harford investigates some of the numbers in the news. This week: The Daily Mail says that over half of the UK population live in households that get more in benefits than they pay in tax – is it true? Do some billionaires earn more in a night than the
The Government has taken the wraps off its first budget since being installed at the start of the year. Budget 2026 was a less flashy affair than previous years, with the €9.4 billion package shorn of generous once-offs like double child benefit payments and electricity credits. So, what does Budget 2026 have for you and
The Coalition is to bet heavily on boosting apartment building in the budget with a range of new measures, including a reduction in corporation tax on profits from the construction of some apartments. The Irish Times has learned that alongside the well-flagged cut to VAT on new apartment sales, the Government was last night examining
John Fernandez Guernsey political reporter BBC Deputy Lindsay de Sausmarez said a £600 increase in personal income tax allowances would help people with the cost of living Further tax breaks for landlords, new taxes on vaping and higher personal income tax allowances could all be agreed next month as part of Policy and Resources’ (P&R)
A new petition is calling for all pensioners to be exempt from paying Council Tax Linda Howard Money and Consumer Writer and Rory Poulter 14:07, 07 Oct 2025 The ‘exempt all pensioners from Council Tax’ campaign has been launched(Image: Jose Luis Pelaez Inc via Getty Images) A new online petition is calling on the UK
The amount of money people take home in their pay packet is set to go up, as personal income tax allowances could increase by £600 to £15,200. De Sauamarez said this was the primary measure in the budget to support people with the cost of living. Tax on tobacco will increase by 13.7%, which equates
The government has announced new financial incentives worth up to £31,000 tax-free for trainee teachers in maths, physics, chemistry and computing, in an effort to tackle long-standing recruitment challenges in England’s schools. From next year, bursaries and scholarships will be available to those training through both school-based and university routes, with the Department for Education
By JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR Published: 00:05, 7 October 2025 | Updated: 00:34, 7 October 2025 Rachel Reeves is coming under mounting pressure to rule out a ‘knee-jerk’ raid on pension lump sums before next month’s Budget. Speculation is mounting that the Chancellor may reduce the maximum amount savers can withdraw tax-free from
A sign on the window of the Financial Conduct Authority (FCA) headquarters. Photographer: Hollie Adams/Bloomberg © 2023 Bloomberg Finance LP After four years of regulatory delays that pushed UK retail investors toward risky offshore exchanges and leveraged treasury schemes, the FCA’s crypto ETN approval finally delivers what investors wanted: legitimate crypto exposure in tax-advantaged wrappers.
Estate agents are calling for ministers to introduce a stamp duty surcharge holiday, rather than the short-term reduction proposed in the latest Government of Jersey budget. People who buy homes they do not intend to live in currently pay an extra 3% in tax on top of stamp duty, but the government proposed it be