Category : Search result: tax black hole


Car Tax Reduced to £0: See Who Qualifies for Exemption

Millions of UK drivers could be eligible for a 100% Vehicle Excise Duty exemption. Discover if you qualify for zero car tax and see the full list of criteria, including disability benefits and classic cars.

Reeves Under Fire for Budget Honesty Breach

Chancellor Rachel Reeves accused of misleading public about £30bn fiscal black hole despite OBR warnings. Calls grow for resignation amid trust crisis in British politics.

Council Tax to Rise 5%: How to Cut Costs

Millions face a 5% council tax hike next year, adding £114 to typical bills. Discover actionable ways to reduce your payments and challenge your band.

Productivity Downgrade Adds £20bn to Budget Deficit

OBR's productivity forecast downgrade creates £20bn fiscal black hole, forcing Chancellor Rachel Reeves to consider significant tax rises ahead of November Budget. Analysis by former Bank of England chief economist Andy Haldane.

New HMRC Tax Rules for Self-Employed in 2026

Self-employed workers and landlords earning over £50,000 must prepare for HMRC's Making Tax Digital for Income Tax, requiring quarterly digital updates from April 2026. Learn how to adapt.

Rachel Reeves ditches income tax hike plan

Chancellor Rachel Reeves is set to abandon plans to raise income tax in the Budget, fearing a backlash over broken manifesto pledges. Discover the alternative strategies being considered.

Reeves abandons income tax hike plan for Budget

Chancellor Rachel Reeves has reportedly abandoned plans to raise income tax in the upcoming Budget, breaking a key Labour manifesto pledge. Discover the implications for UK taxpayers.

2024 Income Tax Shock: How Much More You Pay

Millions of UK workers face higher income tax bills from April 2024 as frozen thresholds drag more earners into higher brackets. Our comprehensive guide reveals exactly how much extra you'll pay.

Reeves plans 'death tax' hikes and stealth Budget levies

Chancellor Rachel Reeves is preparing a blizzard of tax increases targeting wealthy estates and middle earners, with inheritance tax reforms and capital gains adjustments on the table. Meanwhile, horse racing escapes gambling reforms in what critics call

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