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The Latest Breaking News from Tax Cuts

A veteran Liberal backbencher has advocated for the dumping of the coalition's stage three tax cuts due to come into force in 2024.

AAP

Liberal MP says stage 3 tax cuts should be scrapped, as Anthony Albanese stands firm

Prime Minister Anthony Albanese reaffirms his party's commitment to keep stage 3 tax cuts for high income earners, despite growing calls for them to be delayed or scrapped.

ABC News

Liz Truss rejects immediate direct help for everyone with rocketing energy bills

Allies of Liz Truss insist nothing is off the table but said the Tory frontrunner is focused on tax cuts ahead of immediate universal support for Brits struggling with rising costs

Daily Mirror

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Liz Truss rejects help for all facing soaring energy bills as she eyes further tax cuts

‘No decisions have been made’ on other options – just 9 days before foreign secretary expected to take power

The Independent UK

11 things Rishi Sunak said that could come back to haunt Liz Truss if she wins

Liz Truss is expected to be named Prime Minister after a summer of vicious infighting. Her rival Rishi Sunak has landed a string of damaging blows along the way which could pose problems for the Tories

Daily Mirror

Pocock urges Labor to scrap tax cuts – as it happened

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The Guardian - AU

Scrapping the stage three tax cuts would save $243bn. How would you spend it?

Tax cuts, or a bullet train, or raising jobseeker to lift hundreds of thousands of people out of poverty? You decide with our interactive guide

The Guardian - AU

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Rishi Sunak hits out at Liz Truss over ‘complacent’ economic policies

The former chancellor vowed to prioritise the battle against inflation while his rival advocates tax cuts.

The Independent UK

Rishi Sunak questions whether Liz Truss’s tax plans are truly Thatcherite

Sunak says Thatcher would know Truss’s planned tax cuts ‘aren’t a sensible approach’

The Independent UK

Tory leadership hustings: Liz Truss defends tax cuts proposal amid criticism from Sunak campaign

Leadership candidates clash over cost-of-living crisis at Birmingham hustings as campaign enters its final weeks

Evening Standard

Liz Truss suggests she'll refuse to have an ethics advisor to police her behaviour as PM

Tonight is the tenth of 12 events held around the country for Tory party members - who account for around 0.2% of the population - to probe the candidates before deciding who should be the next PM

Daily Mirror

Rishi Sunak attacks Liz Truss’s plans to curb Bank of England’s independence

Former chancellor says rival’s economic proposals could ‘spook international investors’

The Guardian - UK

Liz Truss will pour 'fuel on the fire' warns Rishi Sunak as he slams tax cuts

Speaking ahead of a hustings event in Birmingham, the former chancellor warned that the leadership favourite could cause spiralling inflation if she takes office

Daily Mirror

Truss has thrown red meat to Tory members – but the public has rather different tastes

Truss’s hard Conservatism and tax cuts are a worry to the Tory left, says Spectator deputy political editor Katy Balls

The Guardian - UK

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The Guardian - UK

New PM’s spending plans must face scrutiny, says Treasury committee chair

Mel Stride says OBR must provide fiscal forecasts as Liz Truss urged to ‘come clean’ on promised tax cuts

The Independent UK

Treasury told to reveal if it is preparing for Liz Truss’s crisis budget in scrutiny row

Senior Tory says chancellor must help watchdog ‘publish independent forecast’ on economic impact of huge tax cuts

The Conversation

Cost of living crisis: the UK needs to raise taxes not cut them – here's why

Taxation has turned out to be the main issue dividing the two candidates in the current Conservative Party leadership contest. While Rishi Sunak wants to hold off making tax cuts until after the cost of living crisis has been tackled, Liz Truss wants immediate reductions. She believes cutting taxes will…

Evening Standard

Liz Truss and Rishi Sunak supporters go to war over ‘flip flop’ tax promises

Senior Tory MP Sir John Redwood has accused the former chancellor of flip-flopping over tax cuts that he once said were unaffordable

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The Guardian - UK

Sunak effectively rules out serving in a Truss cabinet, suggesting they don’t agree on ‘big things’ – as it happened

Tory leadership candidate says he is focused on race for No 10; energy bosses call for end to battle so new PM can tackle bills crisis

The Guardian - UK

Truss poised to plunge UK economy into ‘inflation spiral’, says Sunak

Truss cannot deliver £50bn tax cuts and support packages without pushing debt to dangerous levels, says Tory leadership rival

Daily Mirror

Tory MP warns poor will be 'on the streets' under Liz Truss's £50bn 'magic money tree'

Kevin Hollinrake, a supporter of Rishi Sunak, gave a devastating verdict on the likely next Prime Minister's 'magic money tree' tax cuts - not to mention 12 years of Tory government

The Independent UK

Liz Truss will cause inflation spiral with ‘dangerous’ tax cuts, Rishi Sunak warns

Tory leadership contest rattles on as Labour poll lead grows

The Independent UK

Rishi Sunak’s camp tells Liz Truss to ‘come clean’ over ‘dangerous’ tax plans

The former chancellor’s team said the Foreign Secretary’s plans could force public finances into ‘serious jeopardy’.

Daily Record

Labour lead over Conservatives grows over fears of Liz Truss prioritising tax cuts over cost of living crisis

Allies of Liz Truss have promised 'help is on the way' after a series of polls gave Labour a growing lead and senior Tories criticised her tax cutting plans.

The Guardian - UK

Ken Clarke: ‘The idea that tax cuts will automatically produce growth is nonsense’

The veteran Tory, who stood three times to lead his party, on the cost of living crisis, today’s political culture and the best PM we never had

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