“We don’t think we should be implementing certain tax cuts now, essentially that are paid for by uncertain spending cuts that might never be delivered,” IFS deputy director Carl Emmerson said.
Browsing: Tax cuts
A top think tank warns that tax cut promises in elections may need to be reversed due to severe economic challenges.
Chancellor Jeremy Hunt hints at further tax cuts Chancellor Jeremy Hunt has strongly suggested that he’s thinking about reducing taxes in the upcoming spring Budget.…
French President Emmanuel Macron announced on Monday evening tax cuts of up to EUR2 billion for the French people. The announcement targets France’s middle class, which has borne the brunt of high inflation and stagnating salaries over the past few months.
Chancellor Kwasi Kwarteng will release a mini-budget on Friday along with National Insurance and corporation tax cuts.
Sky News says Boris Johnson has sought to draw a line under a bruising confidence vote by urging Cabinet ministers to focus on tax cutting and levelling up.
Daily Express says BORIS JOHNSON has vowed to slash taxes in a bid to claw back support after narrowly seeing off a confidence vote last night.
The Metro says Rishi Sunak is drawing up plans to increase the warm home discount before cutting taxes amid growing political pressure to step in and tackle the cost of living crisis, reports suggest.
Sky News says tax cuts could now be announced before the summer recess, Sky News understands