March 12, 2026
Tax

Income tax hike of 2p to target pensioners and landlords would ‘level playing field’, think tank tells Reeves

Rachel Reeves has been urged by a leading think tank to raise income tax while cutting national insurance in November’s Budget, a move that would hit landlords and pensioners hardest. The Resolution Foundation says the chancellor could raise £6bn with a 2p cut in national insurance, matched by a 2p rise in income tax, which

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Tax

Should medical card holders still get a break on tax? – The Irish Times

It offers free GP and A&E care, lower cost prescriptions, as well as dental and school transport services. Not only that, but medical cards may also entitle their holders to reduced rates of income tax. First introduced back in 2011, the lower rate of universal social charge (USC) enjoyed by certain medical card holders may

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Tax

Bedfordshire council urged to take cafe ‘table tax’ off the menu

Martin HeathBedfordshire political reporter Martin Heath/BBC Jo Garvin puts tables outside Cafe Sorelli, which she co-owns with her sister, Serafina Zambito Cafe owners and customers are urging their local council to scrap plans for a £350 charge on putting chairs and tables outside their premises. Under the proposal, cafes in Central Bedfordshire with 10 or

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Tax

Money blog: Airport scraps liquids rule; free £2,000 many parents don’t claim; big rise in inheritance tax payments | Money News

Many parents don’t realise they can get up to £2,000 a year for each child to help with the cost of childcare – totally separate from the government’s 30-hour scheme that was expanded this month. Register for Tax-Free Childcare and you’ll get an account you can use to pay for care for children aged up

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Tax

Child Tax Credit Changes Boost Benefits But Exclude Lowest Income

BERLIN, GERMANY – SEPTEMBER 14: Children play outside in the playground at the Kleiner Fratz child daycare center in Neukoelln on September 14, 2022 in Berlin, Germany. Child daycare centers across Germany are facing compounding problems, including rising costs for energy and food as well as a shortage of staff. At the Kleiner Fratz Neukoelln

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Tax

State pensioners warned over 67 per cent ‘double tax’ after HMRC rule change

The Treasury has issued an official response to a petition calling for the Government to stop the reforms, which will come into effect from the start of the next financial year on April 6, 2027 State pensioners are facing a double tax on unspent cash from next April, campaigners have warned(Image: Shared Content Unit) Pensioners

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Tax

Think Global, Act Hyperlocal – How Businesses Need To Change The Way They Approach Tax And Regulatory Compliance

In the modern regulatory landscape, it’s hard enough to play by one set of rules. Now imagine playing by as many as 80, all in real-time while the players and the playbook keep changing. That’s the current reality for corporations in the age of electronic invoicing (e-invoicing). Today, more than 80 countries require some form

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Tax

Councils warn of job losses and tax rises due to 2026 budget

Mr Hunt, who is the leader of Torfaen Council and represents Welsh Labour, said there was a 7% budget gap which councils did “not want to have to close… with service closures, with job losses and with council tax rises”. Mr Hunt said councils wanted to “work together” with Welsh government but he said the

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Tax

Estate agent LRG eyes £800m sale amid spectre of Budget tax raid | Money News

One of Britain’s biggest estate agency groups is drawing up plans for an £800m sale amid speculation that Rachel Reeves, the chancellor, is plotting a fresh tax raid on homeowners in her autumn Budget. Sky News has learnt that LRG, which is owned by the American buyout firm Platinum Equity, is being groomed for an

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Tax

Premier League clubs, agents and stars pay up £888m in tax avoidance probe

Leading players, clubs and agents have been told to hand over almost £900m since an HMRC investigation began back in 2015 – with £90m recouped by the taxman last season alone 15:49, 19 Sep 2025Updated 15:49, 19 Sep 2025 Chelsea’s ground(Image: PA) Premier League clubs and their stars have paid almost £900m in a football

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