Tag: reduce tax

Reeves increases Taxes by £40 Billion in Post-Election Budget

Reeves increases Taxes by £40 Billion in Post-Election Budget | 4 minute read UK Chancellor, Rachel Reeve’s highly anticipated budget reveals plans to raise taxes by £40 billion overall – the highest tax raising budget in modern times, topping Normal Lamont’s tax hike in 1993. The Finance Minister started proceedings by highlighting that the Labour…

3 ways to reduce corporation tax

If you are a director or owner of a company operating in the UK, you are liable to pay corporation tax. Corporation tax must be paid based on the company’s profits and on any gains from selling assets such as land, property, or shares. You will not receive a bill for corporation tax and your…