Category : Search result: wealth tax proposal


Secret Santa Proposal Sparks Family Budget Row

A TikTok debate erupts after a man's sister gets engaged during a family Secret Santa with a strict £50 limit. Was it romantic or a rule-breaking budget dodge? Read the full story.

Billionaires added record wealth in 2025

The world's wealthiest individuals saw their fortunes grow by a record amount in 2025, a new report shows. Explore the data and its implications for global inequality.

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.

Reeves' Budget: Cost of Living Help and Tax Rises

Chancellor Rachel Reeves promises to tackle the cost of living crisis in her autumn budget, unveiling a multibillion-pound tax package. Discover the key measures and political reactions.

Wealth Tax: A Pantomime Solution to Inequality?

As Britain awaits the budget, calls for a wealth tax grow louder. But would this popular measure truly address deep-rooted inequality? Analysis suggests more fundamental changes are needed.

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.

Wealth and fossil fuel taxes fund £75bn climate aid

In a landmark move, world leaders have agreed to implement unprecedented taxes on extreme wealth and fossil fuel profits, creating a £75 billion annual fund to support developing countries facing climate catastrophe.

Labour rules out wealth tax under Rachel Reeves

Shadow Chancellor Rachel Reeves has definitively rejected implementing a wealth tax if Labour wins power, ruling out new taxes on property, pensions, or higher earners in a major pre-budget announcement.

California Billboard Marriage Proposal Goes Viral

A romantic Californian man has taken his marriage proposal to new heights with a massive billboard declaration that's captured hearts worldwide. Discover the story behind this extraordinary public gesture.

£70TN inheritance boom to worsen UK inequality

Leading economists warn that an unprecedented £70 trillion in wealth transfers over the next decade will dramatically widen the gap between rich and poor, creating a 'silver spoon' economy.

US Billionaires' Wealth Soars by £698bn in One Year

America's ten wealthiest individuals saw their fortunes skyrocket by $698 billion over the past year, with Elon Musk and Jeff Bezos leading unprecedented wealth accumulation during economic uncertainty.

Labour demands wealthy pay fair tax share

Shadow Women and Equalities Secretary Anneliese Dodds demands government action on tax avoidance, calling for proper taxation of wealthy non-doms and private equity bosses to fund public services.

Reeves targets wealthy Brits with new 'fleeing charge'

Rachel Reeves announces controversial new levy targeting high-net-worth individuals planning to leave UK, as Labour government seeks to boost Treasury coffers through wealth taxes and closing tax loopholes.

US Billionaire Wealth Surges to $5.5 Trillion

Exclusive analysis reveals staggering growth among US billionaires as their collective wealth surges to unprecedented levels, creating both economic opportunities and societal challenges.

New York's Wealth Exodus to Carolinas Explained

As New York implements radical property tax reforms, wealthy residents are abandoning the city in droves for the tax-friendly havens of North and South Carolina. Discover the political battle reshaping America's urban landscape.

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