Tag: UK taxation
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Reeves’ income tax raid: higher earners to pay thousands more
Overview: What the proposed tax changes mean for higher earners Britain faces a debate over whether to restructure income tax as part of a broader effort to fund public services and reduce the national deficit. The discussions focus on a target group: higher earners earning more than £75,000 a year. Proposals circulating in political circles…
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Business chiefs urge Reeves to adopt bold, even unpopular, tax moves in Budget
UK business chiefs press Reeves for bold Budget choices In the run-up to the Budget, a broad chorus of business leaders is urging Chancellor Rachel Reeves to take a bolder approach to taxation. While manifesto promises can provide a political compass, executives warn that sticking to a cautious, incremental path may fail to unleash the…