Setting: The Future The government today announced that a new tax to be imposed on money gained from previous tax cuts. Speaking outside the Treasury, the Chancellor said: “After introducing our tax cuts last year we found that people had more money.  That increase in income led us to believe that we should tax it.  If we didn’t give

New poll: Public want tax cuts and no more green taxes New research: Average family faces £668,000 lifetime tax bill - up 6% - and poor families suffer 13% tax rise The TaxPayers' Alliance (TPA) today publishes stark new polling...

Cable and Clegg are already calling for 'em, Brown and Darling are dumping dogma to talk about helping Britain through the recession with tax cuts, Osborne and Cameron are going to announce their tax relief plan tomorrow. Tax cuts are the new black. Meanwhile over in Wapping, Danny Finkelstein said yesterday that Guido is "eccentric" in campaigning for populist tax cuts. Perhaps we have differing ...

First came the Germans and then came the Brits. The UK Treasury has secured an agreement with authorities in Zurich to tax the assets of UK citizens held in Swiss banks to reduce on tax avoidance and stamp out evasion. The exact details have not yet been fully established, but it seems the deal will follow that which Switzerland made with Germany last month. The principle sum will be taxed at betw...

Council tax bands in England will not be revalued during the lifetime of the current Parliament, the government pledges.

Asked what the Prime Minister s position was on a windfall tax, the PMS said that there had been stories in the press this morning. It went without saying that tax was a matter for the Chancellor and the Treasury. The Treasury always received a whole range of representations about proposals relating to tax and of course the Chancellor and the Treasury would consider any such representations in the...

And so we come full circle (almost), with a call for tax cuts for the working middle classes. Don't get me wrong, I'm not opposed to tax cuts per se, and firmly believe that government should not be spending money where individual choice might be more effective. However, promising tax cuts implies that you have a pretty good idea as to the role of government. I'm yet to be entirely convinced

That, quite fairly, is the question ministers ask whenever the Opposition parties so much hint at tax cuts. Today's postponement of the rise in fuel duty is just that - a tax cut. It's cost the Treasury more than £1billion. This follows hot on the heels of the £2.7 billion tax cut designed to buy off the 10p tax revolt. Now, you might say, isn't the government getting a lot more cash in the form o...

Danny Alexander has told the Observer that substantial tax cuts are highly unlikely for five years. Alexander argues that ‘the tax burden is necessary as a significant contribution to getting the country's finances in order. So it will have to stay at that level for quite some time.’ Given that the income tax threshold will rise to £10,000 over the course of the parliament, d...

News from the Treasury: The annual allowance for tax-privileged pension saving will be reduced from £255,000 to £50,000, and the lifetime allowance will be reduced from £1.8 million to £1.5 million. This will replace the complex proposal legislated for by the last Government in the Finance Act 2010. “Tax-privileged” is a tax break to you