For the first time the Conservatives have signalled plans to end the universal winter fuel allowance with the introduction of a means tested system, likely to be based on income, if they win the general election
Plans to overhaul the funding of social care with the introduction of a single capital floor on savings and assets for care costs, set at £100,000, are vague and the Conservatives have provided any precise detail on how they will work, while contradicting the recently introduced inheritance tax nil-rate band, reports Sara White
Firms providing tax advice can expect greater scrutiny and regulation should the Conservatives remain in government following the general election on 8 June
Corporation tax would be restored to 20% under a Liberal Democrat government, as the party considers shifting from a profits tax to a turnover- or sales-based model, its manifesto reveals
Labour claims it will fund its £48.6bn of pledges with extra tax revenue, including from a new 50p income tax band for those earning over £123,000, as it launched its election manifesto
Nomura chief UK economist George Buckley takes stock of the UK’s progress since its vote to leave the EU, the tightening consumer confidence and the effect of the snap election on the economy
Labour’s shadow chancellor John McDonnell has said the party will introduce a financial transactions tax if it wins the general election next month, claiming the so-called ‘Robin Hood’ tax would raise £26bn over the course of the next Parliament
Ahead of the launch of his party’s election manifesto next week, Liberal Democrat leader Tim Farron has said his party would raise corporation tax to 20% and abolish the married couples' tax allowance
Shadow chancellor John McDonnell has indicated the Labour party intends to increase taxes for those earning over £80,000, but has pledged to freeze all other taxes for the duration of the next Parliament, as part of a policy which he claimed would benefit 95% of taxpayers
Jackie Hall ACA CTA, partner at RSM, unpicks the latest stamp duty land tax (SDLT) take on residential property to see who is really bearing the biggest tax burden from property taxes and whether the benefits of various tax reliefs mean the picture is less clear than expected
A report from the Institute of Fiscal Studies (IFS) suggests the UK deficit is now back to the level it was at prior to the financial crisis, helped by tax raising measures which have seen both tax revenues and spending rise to slightly above their pre-crisis levels, as the snap election called by Theresa May approaches
The government ‘remains committed to the digital future of the tax system’ despite the forthcoming general election, financial secretary to the Treasury Jane Ellison claimed in a letter to the House of Lords Economic Affairs Committee
LibDem MP Greg Mulholland has tabled an early day motion calling for HMRC to review the tax treatment of those using avoidance schemes which have been challenged, although the proposal is highly unlikely to get a hearing before Parliament is dissolved
Andrew Tyrie, longstanding chair of the influential Treasury select committee, has announced he is ending his 20-year political career and will stand down as an MP at the general election, in a move which has taken Westminster by surprise
The Conservatives have yet to launch their election manifesto, but comments made so far on the campaign trail suggest the party is likely to consider abandoning its previous pledge not to raise income tax, VAT or national insurance taxes in the next Parliament
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