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Council tax payers in Kent will see their bills increase by 4.99% from April. It means the average Band D tax payer will need to find an extra £6.40 a month or just over £76 a year more to pay ...
Though inflation is standing at 2.5% and expected to rise in coming months, partly as a result of business tax increases from the new Labour government, most economists think it will then trend ...
Introduction of a 45% tax on companies generating electricity, effective from January 2023 [18] Lifetime cap on social care costs in England delayed from October 2023 until October 2025 [18] A 7% cap on social housing rent increases in England from April 2023 reduced from 11% [18] Electric cars, vans and motorcycles to pay road taxes from April ...
The UK government announces that the plans for reforms to social care in England may not be published until 2028, or later. [5] Zoe Hughes, a transgender member of Exeter City council, quits the Labour Party in a row over transgender issues. [6] 4 January –
Since autumn 2017 the United Kingdom budget typically takes place in the Autumn in order to allow major tax changes to occur annually, well before the start of the fiscal year. [2] The most recent budget was presented by Rachel Reeves on 30 October 2024. The UK fiscal year ends on 5 April each year. The financial year ends on 31 March of each year.
The Government has also pledged to increase the UK’s compute capacity 20-fold by 2030, including by building a new supercomputer. Breaking: Nicola Sturgeon ends marriage to former SNP chief ...
Amongst the measures she announced were an increase in employers' National Insurance to 15% on salaries above £5,000 from April 2025, income tax thresholds to rise in-line with inflation after 2028, changes to farm inheritance tax so that rural estates above the value of £1,000,000 from April 2026 would face 20 per cent inheritance tax, and a ...
“[The] year 2025 is likely to be a bloodbath for the UK retail sector. The Autumn Budget means retailers will face a significant increase in employee costs and many will not be able to offset this.