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The Latest Breaking News from Tax Cuts

The Clock Is Ticking on Tax Cuts: Act Now to Avoid Missing Out

Estate and gift tax exemptions are at an all-time high until the end of 2025. That may seem like a long way off, but setting things up could take longer than expected.

Kiplinger

UK Awaits Voter-friendly Budget Before Election

Britain's Conservative government unveils a pre-election budget Wednesday that could feature voter-friendly measures as Prime Minister Rishi Sunak's party badly trails main opposition Labour in polls.

International Business Times

Budget plans risk ‘second lost decade’ of living standards, Jeremy Hunt told

Exclusive: Joseph Rowntree Foundation finds widening gulf between demand for tax cuts and reality for millions struggling

The Guardian - UK

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Jeremy Hunt will try to talk a long game while scrambling to fund pre-election tax cuts

The chancellor should stress tax cuts are neither affordable nor a priority to UK voters

The Guardian - UK

The budget: what Jeremy Hunt needs to do – and the pitfalls he must avoid

Financial experts give their advice on the best course of action for the chancellor to take on Wednesday

The Guardian - UK

Jeremy Hunt’s seat under threat as voters put NHS ahead of tax perks

A survey in the chancellor’s new Godalming and Ash constituency has prioritised health over Treasury cuts in Wednesday’s budget

The Guardian - UK

Jeremy Hunt knows Brexit Britain can’t afford to cut taxes

The chancellor is prepared to inflict yet more austerity to pay for a budget bribe. But the UK needs more spending, not less

The Guardian - UK

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The Observer view on the budget: Jeremy Hunt is planning to steal from our long-term future

By taking money to fund tax cuts, the chancellor’s policy will be as disastrous as that of his predecessors

The Guardian - UK

Toxic budgets: the UK chancellors who left a poisonous legacy

Before an election, chancellors often try to woo voters with tax cuts that leave the incoming government in a hole. Here are six ‘poison pill’ speeches

The Guardian - UK

Corporate tax cuts bringing in investments and jobs, says FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman says corporate tax cuts and PLI schemes have had a positive impact on investments and job creation in India.

The Hindu

‘Huge tax breaks’: private equity prepares for a boon from Congress

Billions in private equity and corporate taxes could be rolled back, along with what critics say is a sop for child tax credits

The Guardian - US

Tourism tax: Hopes fade that Jeremy Hunt will axe it in Budget given limited room for tax cuts

As London business chiefs issue last minute appeals to the Chancellor to bring back VAT-free shopping for tourists

Evening Standard

The Guardian view on budget tax cuts: stealing from the public

Editorial: For the chancellor to yield to his rightwing obsessives would be bad economics and bad politics

The Guardian - UK

Hunt scrambles to raise revenue as OBR slashes scope for tax cuts in budget

Chancellor considers unexpected tax rises such as abolishing non-dom status after latest forecast

The Guardian - UK

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The Guardian - UK

Cuts to public services in England will ‘reverse’ gender equality, unions warn

Women’s groups urge chancellor to ignore calls for tax cuts in next week’s spring budget

Top News

UK's Hunt Pushes For Tax Cuts Amid Trillion Debt

UK Chancellor faces pressure to deliver tax cuts amidst trillion debt, balancing recovery and debt management.

AAP

Tax cut changes to be put to test as by-election looms

Controversial tax cuts will be front of mind for by-election voters as they prepare to go to the polls just days after the passage of the reforms.

The Guardian - AU

Deal allows police to march in parade – as it happened

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The Guardian - UK

Budget 2024: Jeremy Hunt considers new vaping tax and NI cut

Levy on vapes could make them unaffordable for children, as IFS warns over unfunded tax cuts

AAP

Aussies to keep more of what they earn as tax cuts pass

Low and middle income earners are guaranteed bigger tax cuts after changes championed by Prime Minister Anthony Albanese cleared federal parliament.

The Guardian - UK

Jeremy Hunt warned not to spook markets with unfunded budget tax cuts; US consumer confidence drops – as it happened

Rolling coverage of the latest economic and financial news, as ING warn the pound could fall by 2% if chancellor misreads the mood of bond investors

The Guardian - UK

Jeremy Hunt’s ‘dubious’ financial planning lacks credibility, says IFS

Chancellor should resist temptation to announce unfunded tax cuts in March budget, advises leading thinktank

The Guardian - AU

Guardian Essential poll: Coalition leads for first time since election as Anthony Albanese’s trust ratings tumble

Exclusive: Labor’s change of position on stage-three tax cuts appears to have hit the prime minister’s personal favourability

AAP

Tax brawl firms up as parties push for more relief

The coalition has flagged a tax policy that would let people keep more of what they earn if elected as it prepares to support Labor's revamped reforms.

The Guardian - AU

‘Everything is so expensive’: tax cuts, cost of living and the battle to win the Dunkley byelection

Early voting may be slow but political analysts say the Melbourne electorate’s mood may be an indicator for Australian politics as a whole

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