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IR35 is the United Kingdom's anti-avoidance tax legislation, the intermediaries legislation contained in Chapter 8 of Income Tax (Earnings and Pensions) Act 2003. The legislation is designed to tax 'disguised' employment at a rate similar to employment.
On 23 September 2022, the Chancellor of the Exchequer, Kwasi Kwarteng, delivered a Ministerial Statement entitled "The Growth Plan" to the House of Commons. [1] [2] Widely referred to in the media as a mini-budget (it not being an official budget statement), it contained a set of economic policies and tax cuts such as bringing forward the planned 1% cut in the basic rate of income tax to 19% ...
Labour has not said it has plans to increase a household’s tax by £2,000. The figure is based on an estimate produced by the Conservative Party, which the Labour Party disputes, and would be ...
Labour has had to come up with new plans after the Government adopted its policy of scrapping ‘non-dom’ tax exemptions. Labour plans tax avoidance crackdown to fill ‘non-dom’ gap Skip to ...
It covered Labour's fiscal plans, with a focus on investment, healthcare, education, childcare, sustainable energy, transport, and workers' rights enrichment. The National Minimum Wage is set to increase by 6.7% (reaching £12.21 per hour) and a £22.6 billion increase in the day-to-day health budget was announced, with a £3.1 billion increase ...
The party responded after leader Sir Keir Starmer suggested a change would occur, as he answered phone-in questions. Labour says no plans to end tax-free lump sum option for pensioners Skip to ...
Private banks and advisers to Britain's super-rich say some clients may quit the country if Labour wins next month's general election and pushes ahead with plans to abolish tax protections on ...
2 January – Former Deputy Prime Minister Sir Nick Clegg announces he is standing down as Meta's president of global affairs after almost seven years. [1]Twenty Labour Party councillors on Broxtowe Borough Council in Nottinghamshire have resigned from Labour in protest at the direction of the party under Sir Keir Starmer and will sit as independents.