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The Latest Breaking News from James Murray

Minister rejects Tory claim that pubs will be banned from selling pints

An Opposition motion had suggested new legislation would allow ministers to replace the British pint.

Evening Standard

Proposals to increase Crown Estate investment and borrowing powers clear Commons

Treasury minister James Murray argued the Crown Estate Bill will ensure the creation of ‘long-term’ prosperity for the nation’.

Evening Standard

Farming leaders’ fury as Treasury stands firm on inheritance tax change

Agricultural group representatives met Treasury minister James Murray as anger over the proposed changes to farm inheritance tax continues.

Evening Standard

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Independent review into Loan Charge launches

The review aims to bring an end to the matter for those affected and is expected to conclude in summer 2025.

Evening Standard

Government rejects call from supermarket giants to halt controversial tractor tax plan

Some of Britain’s biggest retailers, Tesco, Lidl and the Co-Op, demanded a pause to the inheritance tax raid as Labour chancellor attempts to woo business investment to the UK at World Economic Forum in Davos

The Independent UK

Farmer suicides show possible ‘human cost’ of inheritance tax change – Tories

Treasury minister James Murray said the Government’s plans to impose 20% inheritance tax on farms worth more than £1 million is a ‘fair approach’.

Evening Standard

Difficult decisions for employers after national insurance hike, says minister

James Murray was speaking as he defended legislation designed to introduce the main tax rise outlined in the autumn budget.

Evening Standard

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Labour MP becomes first to attack party’s inheritance tax raid on farms

Markus Campbell-Savours, the Labour MP for Penrith and Solway, said he would rebel against Rachel Reeves’ Budget measure to extend inheritance tax

The Independent UK

Labour MP: I’d vote against inheritance tax changes if real vote held today

Markus Campbell-Savours said he would ‘seek important amendments’ to the policy affecting farmers.

Evening Standard

MPs support national insurance hike for employers amid ‘jobs tax’ warning

The Bill seeks to make changes to employers’ contributions from April 6 2025.

The Independent UK

VAT changes for private schools could impact children’s mental health – Tory MP

Dr Luke Evans argued that the tax change will lead to children moving school during term time and called for funding to support their welfare.

Evening Standard

Farm schemes funding ‘review’ was last thing sector needed, says MP

A ‘review’ into farm schemes funding from 2025/26 was ‘the last thing’ the sector needed, an MP said.

Evening Standard

Sage wants to help UK small businesses deal with changing tax rules

Sage has committed to bringing free MTD-compliant accounting software to 2.8 million more taxpayers in the UK.

TechRadar

Starmer is a ‘working person’ says Chancellor as tax rise questions persist

The Government continues to be asked to pin down the term ahead of tax rises expected in next week’s Budget.

Evening Standard

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Evening Standard

Budget 2024: Minister reassures City that tax and spend 'guardrails' will avoid Trussonomics chaos

‘This is about bringing stability back into the economy,’ argued Treasury minister James Murray on the Government’s new fiscal rules

Evening Standard

Budget 2024: Pensioners, wealthy, landlords and shareholders 'face tax hit' as Labour defines 'working people'

Sir Keir Starmer and ministers have been grilled on their definition of ‘working people’ who will be protected from the brunt of tax rises

Evening Standard

‘Focus on’ where people are getting their money from, says Treasury minister

The Government has been asked repeatedly to define the term ‘working people’.

The Independent UK

No 10 climbs down on PM’s claim stocks and shares owners not ‘working people’

The Government has been asked repeatedly to define what a ‘working person’ is to establish which taxes could rise.

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The Guardian - UK

Keir Starmer hints at tax rises on people with income from assets

Shareholders and property owners who also work not within PM’s definition of ‘working people’

Evening Standard

Capital gains tax will not hit 39%, says Treasury minister - but he won’t rule out rise in October Budget

National Insurance for employers also appears set to increase in the Budget on October 30

Evening Standard

Ministers press ahead with 'destructive, disruptive and divisive' VAT on private school fees policy

MPs clashed in the Commons as the Tories piled pressure on the Government to rethink the controversial policy

The Guardian - UK

Plans to add VAT to private school fees won’t be delayed, says minister

James Murray reaffirms timetable despite many in the sector calling for changes to be deferred until September 2025

The National (Scotland)

'Hopeless': Stephen Flynn slates Labour minister over weak 'cronyism' defence

A LABOUR minister has been slated for a “hopeless” defence of alleged cronyism in the party ...

The Guardian - UK

Treasury pledges low-carbon investment relief to appease oil and gas industry

Minister James Murray says decision aimed at protecting jobs and investment after concerns raised by industry

Reason

Brickbat: School Days

The United Kingdom's new Labour Party government has confirmed that it will start charging a 20 percent value-added tax on private school tuition in January 2025. It promises to use the money to fund 6,500 new teachers in state school. Treasury official James Murray said the government is looking at…

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