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UK TAXES NEWS
UK minister quits ahead of possible challenge to StarmerBritain's health minister Wes Streeting has resigned. He plans to challenge Prime Minister Keir Starmer for leadership of the Labour Party....- Need over ₹2 crore for foreign education? From scholarships to SIPs - know the smart ways parents can plan for expensive foreign degreesThe escalating cost of foreign education, often underestimated by Indian parents, necessitates early financial planning. Beyond tuition, ac...
- UK exports to US slump as tariffs bite: Official dataBritish exports to the United States have fallen significantly following the imposition of US tariffs. The value of goods exported to the U...
- School assembly news headlines for April 14: Top national, international, sports, business update and thought of the dayThe Supreme Court referred Teesta Setalvad's passport plea to a three-judge bench, while Akhilesh Yadav blamed BJP policies for Noida viole...
- Stocks in news: HDFC Bank, NTPC, Adani Ports, ICICI Bank, SBI, Nestle IndiaIndian markets experienced a significant downturn on Thursday. This sell-off erased recent gains, driven by global concerns and geopolitica...
- UK will now tax mansions worth more than £2 millionThe UK government will introduce a new annual council tax surcharge from April 2028 for properties in England valued at £2 million or more....
- UK expects bigger non-domicile tax take despite billionaire exitsThe UK government expects higher revenues from its overhaul of the non-domicile tax regime, even as more ultra-wealthy individuals leave th...
- UK business minister admits worry over billionaires leaving amid tax rise concernsBritain's Business Secretary Peter Kyle is worried as wealthy individuals, including Indian billionaire Lakshmi N Mittal, plan to leave the...
- Billionaire Lakshmi Mittal quits UK for Switzerland, Dubai ahead of proposed taxes on super-richSteel magnate Lakshmi Mittal is leaving the UK for Switzerland and Dubai, citing concerns over the Labour government's tax reforms, particu...
- This business tycoon exits UK for UAE and reason is not just taxationNik Storonsky, co-founder of digital banking app Revolut, has moved his residency from the UK to the United Arab Emirates. This move follow...
- Malaysia to charge 6% tax on private education for international students from July 2025Malaysia will impose a 6% service tax on private education for international students starting July 1, 2025, as part of revised SST rules. ...
- Budget tax raid, increase in capital gain tax by the new British government? Hundreds of entrepreneurs prepare to quit the UKEntrepreneurs are planning on quitting the United Kingdom in order to escape the ruthless capital gains tax imposed by the new British Gove...
- As Dubai becomes the New Chelsea, brace for exit taxesThe UK currently relies heavily on its top earners for tax revenue, making their potential departure a concern for public funding. A UK exi...
- UK PM Keir Starmer hints at coming "painful" higher taxes on the wealthyStarmer, whose Labour Party won a landslide election victory in July, has vowed to rebuild the fabric of British society, saying this month...
- UK government "closely monitoring" tax surveys conducted at BBC's India offices: SourcesThe UK government took note of the reports of tax surveys conducted at the offices of the British public broadcaster BBC in India and said ...
- UK increases windfall tax on profits of oil, gas companiesSaying the U.K. faces "unprecedented global headwinds," Treasury chief Jeremy Hunt is unveiling tax increases and spending cuts in a speech...
- Goldman Sachs sees deeper UK recession after tax U-turnGoldman revised its 2023 UK economic output forecast to a 1% contraction from an earlier forecast for a 0.4% output drop, with core inflati...
- Chinese conglomerate Jingye expresses interest to takeover Tata Steel UK Assets"Banking sources said this weekend that Jingye's interest was at a tentative stage, and insisted that there was not a formal sale process f...
- British government to rope in investment bankers to save Tata Steel’s UK operationsA British news channel reported that investment banker, Credit Suisse has been asked by the Treasury to advise on talks with Tata Steel. Th...
- Rich NRIs may have to pay more tax if Ed Miliband becomes PM of UKMiliband, who is in the running for Prime Minister in the May 7 general elections in the UK, announced that under a government led by him,
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