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The Latest Breaking News from Tax Cuts

Sunak and Truss in new clash over cost-of-living crisis

Former chancellor said his rival’s plans for tax cuts are a ‘big bung’ for large businesses and the better off.

The Independent UK

Bangkok Metropolitan Administration to levy land taxes in full

The Bangkok Metropolitan Administration (BMA) is planning to fully collect land and building taxes on land used for agricultural purposes after landlords and property owners allegedly exploited tax cuts to avoid higher taxes, a source said.

Bangkok Post

UK's Liz Truss ready to speed up tax cut plan, newspaper says

Liz Truss, the front-runner to become Britain's next prime minister, plans to rush through tax cuts earlier than planned in an attempt to boost the country's flagging economy, the Sunday Telegraph reported.

Reuters

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Public don’t want tax cuts Truss and Sunak are promising, poll reveals

As the Tory leadership hopefuls clash over when to reduce taxes, the public are more concerned with maintaining funding

The Guardian - UK

Rishi Sunak brands Liz Truss 'wrong' to rule out more cost of living payments

It comes after leadership rival Liz Truss said she'd deal with the crisis with tax cuts, not "handouts"

Daily Mirror

Truss insists on tax cuts not ‘handouts’ to help families amid spiralling prices

The Tory leadership hopeful said her plans could avert a downturn.

The Independent UK

Liz Truss rejects ‘handouts’ as way to tackle cost of living crisis

Conservative leadership frontrunner insists on tax cuts despite claims they will fuel inflation

The Guardian - UK

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Liz Truss promises tax cuts not ‘handouts’ to tackle cost-of-living crisis

The Foreign Secretary said she would help with spiralling energy bills this Winter in a ‘Conservative way’

Evening Standard

Truss promises tax cuts not ‘handouts’ to tackle cost-of-living crisis

The Foreign Secretary said she would do things in a ‘Conservative way’.

The Independent UK

Next PM must find 'many more billions' in energy bill help - as hikes branded 'inhumane'

Institute for Fiscal Studies (IFS) chief Paul Johnson said it was a 'mystery' why Tory leadership hopefuls were obsessing over tax cuts when the country was heading into recession

Daily Mirror

Emily Sheffield: Tories should delay voting until we get solutions to this crisis

This week Sajid Javid played another political blinder. He was the first to offer his resignation from Boris Johnson’s government, tipping Rishi Sunak into action, which in turn caused a resignation stampede. It is the former Chancellor who has taken the main brunt of accusations of disloyalty, but it was…

Evening Standard

Tax remains key divide as leadership campaigns respond to economic outlook

Liz Truss’s campaign has argued for implementing tax cuts quickly, while the Sunak campaign has warned against too much borrowing.

The Independent UK

See how much your mortgage would rise if Liz Truss becomes PM, according to Sunak

IF Liz Truss becomes prime minister, homeowners in the UK could face a steep rise in their mortgage payments, Rishi Sunak has claimed.

The National (Scotland)

The Tories are swerving wildly to the right as Truss and Sunak promise the impossible

On most issues – from immigration and equalities to tax cuts – the two candidates for PM are hugely out of step with voters, says Guardian columnist Polly Toynbee

The Guardian - UK

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Daily Mirror

What would life under Prime Minister Liz Truss look like? From tax cuts to grammar schools

Foreign Secretary Liz Truss has emerged as the frontrunner in the Tory leadership race as she dukes it out with Rishi Sunak to succeed Boris Johnson. Here we look at what a Truss premiership could mean

The Guardian - UK

Javid denies Truss tax cuts plan will lead to increased borrowing

Latest high-profile backer of Tory leadership candidate says proposals ‘risky’ but not inflationary

The New Daily

Alan Kohler: Labor must abandon the Stage 3 tax cuts. Big government must be funded

Relying on central banks to support growth by printing money is clearly not viable because of what that does to inequality. Government will have to step up.

The Independent UK

Truss campaign bounces back after embarrassing U-turn

Foreign secretary has secured the endorsement of former chancellor Sajid Javid

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The Independent UK

Javid accuses Sunak of sleepwalking into a high-tax economy as he endorses Truss

Former chancellor warns “tax cuts now are essential”

The Guardian - UK

Sajid Javid endorses Liz Truss in fresh blow to Rishi Sunak’s campaign

Conservative MP says Truss is best placed to ‘reunite the party’ and new approach on economy is needed

The Guardian - UK

After Liz Truss’s pay cuts U-turn, which other Tory candidate pledges don’t add up?

Leadership rivals’ policies from Rishi Sunak’s tax cuts to foreign secretary’s spurious crime plans come under spotlight

The Independent UK

Former Treasury minister hits out at Liz Truss’s ‘endless crazy tax cuts’ and ‘laughable’ public sector U-turn

‘The optics of that: Dear, dear, dear,’ says Lord O’Neill

The Independent UK

Tory policy battle: What have Truss and Sunak pledged for the country?

Over the next few weeks it will be up to Conservative members to decide which of the two final candidates will take on the top job in No 10.

Wales Online

Tax cuts: What have Rishi Sunak and Liz Truss promised?

The two Tory leadership hopefuls have very different views on what sort of tax policy the UK should be pursuing in the short-term, with Sunak suggesting that Truss' cut and borrow plan would be irresponsible

The Guardian - UK

Shapeshifting Sunak’s tax-cutting conversion risks overpromising

Former chancellor takes leaf out of rival Liz Truss’s book but his plans may be too good to be true

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