Reform UK Proposes £15,000 Tax-Free Allowance Increase

Reform UK has announced plans to raise the tax-free personal allowance to £15,000 if it wins…

Trump Administration Seeks to End Tax Exemptions for Schools

The Trump administration has proposed a new rule to revoke tax-exempt status for private schools and…

Burnham Signals Possible Tax Rises in Upcoming Budget

Prime Minister Andy Burnham has not ruled out tax increases in the upcoming autumn Budget. He…

UK Millionaires Drop to Lowest Level Since 2008 Crisis

The number of millionaires in the UK fell to 442,000 in 2023, the lowest level since…

India confirms 12.5% LTCG tax applies to FPIs, no exemption

The Indian government confirmed that Foreign Portfolio Investors (FPIs) are not exempt from the 12.5% long-term…

Singapore considers hedge fund tax cuts amid competition

Singapore's Monetary Authority (MAS) is in discussions to reduce taxes for hedge fund managers as part…

Warren Criticizes Trump’s Bill for $1 Trillion Tax Breaks

Senator Elizabeth Warren (D-Mass.) criticized President Donald Trump’s "Big Beautiful Bill" on Saturday, claiming it provides…

Senators Propose Lifting Payroll Tax Cap for Social Security

Senators Bernie Moreno and Elizabeth Warren have proposed lifting the payroll tax cap to generate additional…

CBI Chief Warns Burnham Against Tax Speculation This Summer

Rain Newton-Smith, the chief executive of the Confederation of British Industry (CBI), cautioned Andy Burnham against…

UK Thinktank Opposes Tax Cuts to Boost Youth Employment

The Resolution Foundation has advised the UK government against reversing recent employment tax increases, arguing that…