Labour U-turns on inheritance tax after farmer backlash
The Labour government raises the inheritance tax relief threshold to £2.5m following a year of protests from rural communities. Find out how the policy changed.
Category : Search result: tax threshold
Morrisons loses £17m VAT fight on rotisserie chicken
A High Court ruling means Morrisons faces a £17m tax bill after judges decided its rotisserie chickens are subject to the 20% 'pasty tax'. The supermarket argued most are eaten cold.
Reeves' Mansion Tax Plan Sparks 'Spiteful or Fair' Debate
Chancellor Rachel Reeves's proposed 'mansion tax' on properties over £5m divides opinion. Is it a fair wealth levy or a spiteful policy? Explore the details and reactions.
Paragon Banking eyes M&A after capital rule change
Paragon Banking Group's CEO Nigel Terrington signals acquisition plans following a key regulatory reform. The lender's results show profit growth but rising provisions for motor finance and development loans.
Public patience with Labour runs out over budget, poll shows
Exclusive City AM polling reveals deep public discontent with Labour's budget, with most seeing tax threshold freezes as a broken manifesto promise. Discover the full fallout.
74% of Crown Court Cases Could Lose Jury Trial Right
Sky News analysis reveals up to 74% of crown court trials could be decided by judges alone under new justice reforms aimed at tackling the 80,000-case backlog. Explore the data.
Labour rural MPs rebel over farm inheritance tax
Chancellor Rachel Reeves faces a Labour rebellion as rural MPs defy the government over the controversial 'family farms tax' on estates worth over £1m. Read the full story.
UK's 3p Pay-Per-Mile Road Tax to Start in 2028
Chancellor Rachel Reeves announces a new 3p-per-mile road charge for electric and hybrid vehicles from April 2028. Find out how much you'll pay and what it means for the future of driving.
Majority of voters demand Chancellor resign over Budget
Exclusive polling reveals a majority of UK voters believe Chancellor Rachel Reeves broke Labour's manifesto and should resign over her controversial Budget. Read the full verdict.
Reeves Denies Misleading Public Over Budget Finances
Chancellor Rachel Reeves defends her Budget decisions amid criticism over tax rises and fiscal headroom. Discover how £16bn downgrade shaped the economic plan.
State Pension Tax Exemption Creates Two-Tier System
Chancellor Rachel Reeves confirms state pension-only recipients won't pay tax this parliament, but experts warn of fairness issues for other retirees. Learn the implications.
London mansion tax: 26,500 homes face new charge
Exclusive analysis reveals 26,500 properties sold for over £2m face new 'mansion tax' surcharge from 2028. Discover which London boroughs will be hardest hit.
London's £2m Mansion Tax: New Council Tax Charge
Chancellor Rachel Reeves introduces new mansion tax on properties over £2m from 2028. London homeowners face annual charges up to £7,500. Discover how this affects the property market.
State Pension to increase by over £550 from April
UK state pension set for £550+ annual rise under triple lock, bringing pensioners closer to income tax threshold. Discover the financial implications.
UK Defies Trump, Keeps Digital Services Tax
Chancellor Rachel Reeves maintains UK's Digital Services Tax despite US pressure, generating £800m from tech giants. Discover the political standoff and economic implications.
Tax Threshold Freeze Extended: Calculate Your Bill
Chancellor Rachel Reeves extends the tax threshold freeze until 2031. Use our calculator to see how much more tax you will pay as your salary increases.
Tax freeze hits low earners harder than rate rise
Resolution Foundation analysis reveals Rachel Reeves's budget tax threshold freeze will disproportionately impact lower-income households. Discover the full economic consequences.
New Mansion Tax: How It Affects UK Homeowners
The UK government's proposed mansion tax could impact properties valued over £2 million. Learn how this property tax reform might affect homeowners and share your views.
Reeves defends budget as think tanks raise concerns
Chancellor Rachel Reeves faces scrutiny over Labour's tax manifesto pledge as leading think tanks question budget decisions. Follow live updates and analysis.
Young Professionals Hit Hard by Labour Budget
Rachel Reeves' Budget freezes push millions into higher tax bands, with young graduates facing a 57% marginal tax rate. Discover the impact on your finances.
Richmond residents react to new 'mansion tax'
Homeowners in Richmond voice mixed reactions to Rachel Reeves's council tax surcharge on properties over £2m. Discover how this budget measure impacts London's property market.
Reeves accused of breaking tax pledge in Budget
Chancellor Rachel Reeves defends her Budget after accusations she broke a manifesto promise not to raise taxes. Read the full analysis and have your say.
Chancellor's tax-raising budget hits ordinary people
Rachel Reeves announces £26bn tax rises including mansion tax and pension changes while scrapping two-child benefit cap. Full budget breakdown and analysis.
Budget 2025: Winners and Losers Revealed
Chancellor Rachel Reeves unveils her 2025 Budget. Discover how tax thresholds, the minimum wage, and benefit changes impact your finances. Listen to the Sky News Daily podcast for expert analysis.
Reeves' Tax Threshold Freeze Sparks Manifesto Promise Row
Chancellor Rachel Reeves faces accusations of breaking Labour's tax promises after freezing income tax thresholds. Discover the truth behind the budget controversy.
Labour's stealth tax hits nearly million Brits
Chancellor Rachel Reeves' Budget extends tax threshold freeze, breaking manifesto pledge and drawing nearly a million into higher rate tax. Read the full analysis.
Racing celebrates 'Axe the Tax' Budget victory
Chancellor Rachel Reeves spares horse racing from tax hikes in new Budget, keeping betting duty at 15% after successful industry campaign. Read the full story.
Budget spares horse racing but grassroots sport suffers
Chancellor Rachel Reeves exempts horse racing from betting tax hikes in the Budget, a move hailed by racing chiefs. Meanwhile, grassroots sports clubs warn of closures due to business rate changes.
Lawyers slam Rachel Reeves's 'illogical' LLP tax
Legal professionals warn Chancellor's proposed LLP tax reforms could damage UK law firms' competitiveness. Experts reveal unintended consequences for partnership structures.
UK Budget 2025: Online Gambling Tax Doubles to 40%
Chancellor Rachel Reeves announces near-doubling of remote gaming duty to 40%, raising £1.1bn by 2030. Discover how this impacts gambling shares and government funding.
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