#tax-policy

#tax-policy

Angela Rayner has suggested reinstating the pensions lifetime allowance and modifying dividend taxes, estimating these changes could raise £3-4 billion annually.

Creditors' voluntary liquidations remain the process companies most commonly enter into - and their consistently high numbers reflect the ongoing challenges, high costs and political and economic uncertainty businesses face.

As a retired tax specialist, I am extremely angry with both President Trump and DOGE for cutting 31% of tax auditors. These IRS auditors' departures are likely to hamper the agency's ability to go after tax cheats.

"We had a $13 billion tragedy in Maui and we lost 102 people. These kind of dollars will help us prevent that next disaster," Green said in an interview.

This does not really concern us, as we usually rent separate studios, but the cut in investment aid for renovations affects us significantly.

"The tax system is something so powerful that can essentially make or break an economy. It can either encourage innovation - if it's properly designed - or really discourage economic activity."