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The Latest Breaking News from Tax Cuts

Budget 2024: UK taxes head for highest level since 1948 despite Hunt’s NI cut

Borrowing and stealth taxes fund £14bn giveaway, but public spending squeeze looms after election

The Guardian - UK

Chancellor to raise UK government borrowing to fund budget measures – OBR

Office for Budget Responsibility says national insurance and tax cuts will be paid for by average £8bn-a-year borrowing to 2028-29

The Guardian - UK

Jeremy Hunt’s last budget before an election – but not his last roll of the dice

These latest tax cuts were not the gamechanger the Tories need before the election

The Guardian - UK

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Sunak and Hunt’s last stand? Our panel responds to the Tories’ spring budget

Will the tax cuts at the heart of the chancellor’s make-or-break budget give his party any hope?

The Guardian - UK

Trump's big con is a flop

Trump's only legislative accomplishment was a massive tax cut for the rich — and the results are now in

Salon

British Treasury Announces Tax Cuts Amid Election Pressure

British Treasury chief Jeremy Hunt plans tax cuts to boost Conservative Party's popularity before general election amidst economic challenges.

Top News

Budget 2024 live: Jeremy Hunt cuts national insurance, abolishes non-dom status and raises child benefit threshold – as it happened

NI cut of 2p announced, along with new tax on vapes, end of tax relief for holiday lettings and more cash for NHS IT system

The Guardian - UK

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Can Jeremy Hunt’s spring budget revive Britain’s Tories?

Will the chancellor offer tax cuts in a bid to win votes or steer clear of any bold moves with potential to backfire?

Al Jazeera

Britain Set For Tax-cutting Budget Before Election

Britain's Conservative government is on Wednesday expected to use a budget update to unveil tax cuts for millions of workers, in an attempt to woo voters before a general election.

International Business Times

Even Tory voters won’t be fooled by the tax cuts in Jeremy Hunt’s fairytale budget

The public would rather the chancellor prioritised spending on threadbare public services over tax giveaways, says Guardian columnist Rafael Behr

The Guardian - UK

Budget in five charts: what will underpin Jeremy Hunt’s statement?

Falling inflation and so-called fiscal headroom will guide a chancellor keen to heed calls from Tories for tax cuts

The Guardian - UK

Jeremy Hunt defies public services alarm with pre-election budget tax cuts

Chancellor set to cut 2p off national insurance but some Tories say more is needed to bolster election chances

The Guardian - UK

OPINION - Tax cuts in the Budget are a gamble — but what else has Jeremy Hunt got in his locker?

Budgets resemble the old French saying about taxation — the aim is to produce the maximum amount of fiscal feathers from the goose with the minimum amount of hissing. However, hissing is what a disgruntled and reactive Conservative party does best right now and the public-finance goose is a skinny,…

Evening Standard

What are the UK’s ‘fiscal rules’ and why is the OBR under attack?

The Treasury watchdog is seen by some Tories as a block to tax cuts – and could be ignored by Jeremy Hunt

The Guardian - UK

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The Guardian - UK

UK spends least among major European economies on low-carbon energy policy, study shows

Britain spent about £26.2bn in three years on low-carbon measures, less than Italy, Germany, France and Spain, Greenpeace finds

Kiplinger

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.

International Business Times

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.

The Guardian - UK

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

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news in one place.

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The Guardian - UK

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

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 Hindu

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.

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