Tag #Uk Tax

theguardian.com
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Over 1 Million Miss UK Tax Deadline, Facing £100 Penalties

More than 1.1 million UK taxpayers missed the January 31st deadline to file their self-assessment tax returns, facing penalties starting at £100; HMRC estimates a potential £110 million in penalties.

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40% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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UK Amends Non-Dom Tax Plan Amid Millionaire Exodus

Chancellor Rachel Reeves announced amendments to the UK government's plan to abolish non-dom status, increasing the generosity of the Temporary Repatriation Facility to help non-doms repatriate funds to the UK at a reduced tax rate; this follows concerns about wealthy individuals leaving the UK and ...

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52% Bias Score

Reduced Inequality
bbc.com
🌐 65% Global Worthiness
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Scottish Income Tax 2025-26: Minor Reductions, but Higher Earners Face Higher Burdens

Scotland's 2025-26 budget maintains existing income tax rates but adjusts thresholds, resulting in small tax reductions for some while higher earners face substantially increased tax burdens compared to the rest of the UK due to threshold differences and a higher marginal tax rate in the £43,662-£50...

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32% Bias Score

bbc.com
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Millions Face £100 Tax Fine for Missed Deadline

Millions of UK taxpayers risk a £100 fine for missing the midnight self-assessment deadline; new rules share online sales data with HMRC for tax assessment.

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40% Bias Score

Reduced Inequality
dailymail.co.uk
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Scottish Budget 2024: Higher Taxes for Thousands, Increased Benefits Spending

The 2024 Scottish Budget freezes higher income tax thresholds, impacting tens of thousands of taxpayers, while increasing benefits spending by £800 million and potentially allowing for unlimited council tax increases; the budget also includes a 40% business rates relief for hospitality but excludes ...

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52% Bias Score