A war is raging within government circles about the wisdom of placing a levy on individual assets, a measure that the ...

It is the first time a Government minister has explicitly ruled out a wealth tax since plans to cut disability benefits were ...

The Business Secretary has said the idea of a “magic wealth tax” to raise funds is “daft” amid speculation that the ...

Taxpayer wins Rs 1.4 lakh penalty case in ITAT despite claiming false income tax deductions to reduce his income to Rs 4 lakh from 8 lakh; Know the details ...

The International Monetary Fund (IMF) praised Rachel Reeves’ overall strategy but warned that her lack of fiscal headroom ...

Jonathan Reynolds has dismissed the idea of a wealth tax as “daft”, in a break from senior Labour figures publicly toying ...

The creation of a wealth tax to close the growing hole in Britain’s public finances has been denounced as “daft” by UK business secretary Jonathan Reynolds, the first senior minister to publicly rule ...

A stark warning about an unwelcome side effect of a radical plan by Labor has been issued by a leading investment group.

Rachel Reeves has not ruled out the possibility of a new wealth tax, but has been eager to highlight that she will stick to ...

The international watchdog has warned the Chancellor faces 'difficult choices' to improve the UK's fiscal situation ...