Income Tax

Why The Negative Income Tax Is The Future

Chris Whiting | Posted 01.08.2017 | UK Politics
Chris Whiting

Whilst there is a heap of evidence to suggest that NIT would ensure a basic standard of living for all people, it would also drastically streamline the gargantuan complexities of the UK's tax system and the costly administration that accompanies it.

Will Universal Income Be The Cure To Poverty?

Danielle Cuaycong | Posted 12.02.2017 | UK Universities & Education
Danielle Cuaycong

In a chaotic world of dividing political views and rising inequality, it comes as no surprise that the term universal basic income has been thrown around incessantly in an attempt to see it as the missing 'cure' to the mess in some of the world's leading economies.

If Jeremy Corbyn Wants To Tackle Pay Inequality, He's Going About It The Wrong Way

Richard Murphy | Posted 10.01.2017 | UK Politics
Richard Murphy

I do wish Jeremy Corbyn would engage his brain before talking... A wages cap not only could not work, but also misses the target. That makes it very poor policy indeed.

Ukip's Big Tax Cut Pledge Will Help The Rich Most

The Huffington Post UK | Asa Bennett | Posted 29.01.2015 | UK Politics

Nigel Farage's flagship tax pledge, promising to cut the rate of tax for higher earners to 35p, will actually help the richest taxpayers most, experts...

Top 12 Excuses for Being Late With Your Self-Assessment Tax Form

Stephen Hamilton | Posted 22.10.2014 | UK Comedy
Stephen Hamilton

The World Cup was on and two things happened. Before I knew it I'd missed the deadline. My budgie was sick. He chewed on the only pen I had in the house and he died of ink poison. I didn't have anything to put him in for his burial so I just used your envelope you sent me and you got it ... the self-assessment form was in the envelope.

Lib Dems Pledge To Raise Income Tax Allowance To £12,500

PA | Posted 14.08.2014 | UK Politics

The Liberal Democrats have pledged to raise the income tax personal allowance to at least £12,500 in manifesto plans announced today. The party ha...

Labour Dismiss Cameron's Talk Of Increasing 40p Tax Threshold

PA/Huffington Post UK | Posted 30.07.2014 | UK Politics

Labour has dismissed suggestions by David Cameron that he wants to increase the 40p tax threshold as "vague talk of jam tomorrow". The Prime Minister ...

It Is Right for the Government to Merge Employees' National Insurance and Income Tax

Adam Afriyie | Posted 31.08.2014 | UK Politics
Adam Afriyie

My heart lifted as I read Monday's reports that the Government may consider merging Employees' National Insurance and Income Tax. If the Chancellor is strongly considering this idea, he will enjoy widespread backing from Conservative MPs, activists and supporters.

Less Taxes, But More Tax? George Osborne's Plan For NI Merger

The Huffington Post UK | Asa Bennett | Posted 30.06.2014 | UK Politics

George Osborne could merge income tax and national insurance if the Tories are re-elected at the next general election. In a manifesto pledge that ...

Mehdi's Morning Memo: Jean-Claude Juncker? He's My Best Mate

Huffington Post | Mehdi Hasan | Posted 30.06.2014 | UK Politics

The five things you need to know on Monday 30 June 2014... 1) JEAN-CLAUDE JUNCKER? HE'S MY BEST MATE Dave isn't going to accept defeat quietly. ...

Richest 1% Doing Best Out Of Osborne's Recovery

The Huffington Post UK | Posted 14.05.2014 | UK Politics

The richest 1% have been the biggest winners out of the UK's economic recovery that has so far come about under George Osborne's chancellorship, accor...

You Care Too Much About The Rich, Clegg Tells Osborne

The Huffington Post UK | Asa Bennett | Posted 31.03.2014 | UK Politics

Nick Clegg has lashed out at Tory ministers for being "too preoccupied" with the rich and accused chancellor George Osborne of trying to "steal" credi...

What Do Most Voters Thank Clegg For, Rather Than The Tories?

The Huffington Post UK | Asa Bennett | Posted 13.03.2014 | UK Politics

Nick Clegg and the Lib Dems have spoken a lot about raising the starting threshold for income tax as high as £12,500 in order to help the poorest and...

Chris Moyles Said He Was Second-Hand Car Dealer In Bid To Save £1m Tax

PA/Huffington Post UK | Posted 21.02.2014 | UK

DJ Chris Moyles claimed to be a second-hand car dealer in a bid to save up to £1 million in tax, a tribunal has found. A tax court named Moyles and t...

Ned Simons

David Cameron Refuses To Rule Out Cutting Tax For The Rich | Ned Simons | Posted 29.01.2014 | UK Politics

David Cameron repeatedly refused on Wednesday to rule out cutting taxes for the richest people if he wins the next election. Asked three times by E...

Labour's 50% Tax - The Sound of No Hands Clapping

Fiona Hotston Moore | Posted 30.03.2014 | UK Politics
Fiona Hotston Moore

It is estimated Labour would get around £1billion annually, which in tax terms is peanuts. The National Health Service alone, for example, soaks up more than £100billion - and rising - despite 'efficiency savings'. So why do it? The answer is probably to provide electoral cover for more widespread tax rises if Labour wins the next election.

50%? Grin and Bear It

Chris Godfrey | Posted 28.03.2014 | UK Politics
Chris Godfrey

However you look at it, raising the tax bracket will generate income for HMRC. It may simultaneously expedite Britain's seemingly inevitable class war (it will certainly encourage the political cheerleaders to cheer louder and with more fervour), but it will generate revenue.

More Tax Breaks For Married Couples?

PA/The Huffington Post UK | Posted 04.12.2013 | UK Politics

David Cameron has signalled more tax breaks for married couples could still be to come, on the eve of the expected introduction of an allowance for so...

'Investigate The £65m Tax Scam By Your Friends In The City!'

The Huffington Post UK | Asa Bennett | Posted 29.08.2013 | UK

George Osborne is under pressure to launch an official investigation into an income "tax scam" that a major trade union claims has resulted in the Tre...

'First July Deficit In Three Years'

The Huffington Post UK | Asa Bennett | Posted 21.08.2013 | UK

George Osborne's deficit reduction agenda has taken a hit as government borrowing rose £1.3 billion in July due to higher spending, leaving the count...

Labour Are 'Pulling The Wool' Over Tax Changes

PA/The Huffington Post UK | Posted 07.04.2013 | UK Politics

Deputy prime minister Nick Clegg has attacked Labour for trying to "pull the wool over people's eyes" about sweeping tax changes that came into effect...

'Tax Cut For Bankers'

PA/The Huffington Post UK | Tom Moseley | Posted 06.04.2013 | UK

Bankers and other millionaires will receive a tax cut from Saturday - sparking a furious debate between the political parties. As the government tr...

Mehdi's Morning Memo: It's Hurting, But Is It Working?

Huffington Post | Mehdi Hasan | Posted 20.03.2013 | UK Politics

The ten things you need to know on Wednesday 20 March 2013... 1) IT'S HURTING, BUT IS IT WORKING? George Osborne will present his fourth Budget ...

Miliband To Use Eastleigh Visit To Campaign For Mansion Tax

PA/Huffington Post UK | Posted 16.02.2013 | UK Politics

Ed Miliband has insisted Labour was the "only alternative" to the coalition Government as he joined his by-election campaigners in Eastleigh. The o...

Ukip Is the Low Tax Party That Will Get the Economy Going

Janice Atkinson | Posted 02.04.2013 | UK Politics
Janice Atkinson

Ukip believes in merging income tax and national insurance into a flat rate income tax to greatly simplify our tax code, which currently stands at over 11,000 pages.