Workers in southern Scotland can find themselves paying more tax than colleagues who live south of the border.

In the Autumn 2024 Budget, the UK Government announced fundamental changes to the way that carried interest will be taxed in the UK. Major change in this area was expected and there will be a number ...

The findings challenge calls from some campaigners and commentators for a new levy on high net worth individuals, on the ...

From 6 April 2026, carried interest in the UK will be treated as deemed trading profits and subject to Income Tax and Class 4 National Insurance Contributions (rather than being taxed in accordance ...

Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. With the announcement of a so-called “mansion tax” on UK homes ...

Across Europe, the share of labour costs taken in tax and social contributions varies sharply. The UK is among the lowest, ...

Sir Keir Starmer has refused to rule out extending a freeze on income tax thresholds in next week’s Budget. Speculation that the Chancellor could make changes to income taxes to grow the Treasury’s ...

U.K. Chancellor Rachel Reeves pledged last year that the government would not conduct another tax raid. She might not have any other option. The government's fiscal "headroom" could evaporate soon, ...

HM Revenue and Customs (HMRC) cannot identify how much tax is paid by UK billionaires, despite the relatively small number of individuals and significant sums of money involved, according to a report.

Duties and taxes charged by the UK government are causing problems for the wine industry, taking a hit on the price of goods sold in the country, Ben Knollys, managing director at wine importer Hatch ...