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The Latest Breaking News from Tax Cuts

Liz Truss’s plans for tax cuts ‘a gamble at best’, says leading think tank

The Institute for Fiscal Studies said the new PM risks putting the public finances on an ‘unsustainable path’

Evening Standard

Liz Truss tells US corporate giants her tax cuts ‘just the start’, despite warnings of unsustainable debt

PM promises ‘lower, simpler taxes’ – despite new warning UK public finances on ‘unsustainable path’

The Independent UK

Truss tells bosses of American multinationals tax cuts are ‘just the start’

The Prime Minister told leaders of firms including Google and JPMorgan Chase she wants ‘lower, simpler taxes’ to attract businesses to Britain.

The Independent UK

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What time will Kwasi Kwarteng announce mini-budget with £30bn in tax cuts on Friday?

The mini-budget is the first key example of strategy that the UK will see from Liz Truss and her government

Evening Standard

‘No way’ Truss’s policies are trickle-down economics, says minister

Foreign Office minister Gillian Keegan replies to Joe Biden pouring scorn on tax cuts for the rich and businesses

The Guardian - UK

Liz Truss says any ‘sham referendums’ in Ukraine will not be recognised – UK politics as it happened

Prime minister says Putin’s calls for mobilisation ‘are a sure sign his barbaric invasion is failing’

The Guardian - UK

Liz Truss 'plans to slash stamp duty' for Brits in tax cutting mini-Budget

The Prime Minister and new Chancellor Kwasi Kwarteng are preparing to announce a string of tax cuts in Friday's mini-Budget, which could reportedly include slashing stamp duty

Daily Mirror

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Liz Truss urges world leaders to follow UK with trickle down economics

Reports that stamp duty will be cut as PM uses speech to UN to argue for far-reaching tax reductions, putting her at odds with Joe Biden

The Guardian - UK

Expanded child tax credit reduced child poverty, so Congress must renew it

After the election, some politicians in Congress will try to pass tax credits for large corporations. It would be outrageous for Congress to pass tax cuts for the wealthy without expanding the CTC

Chicago Sun-Times

Liz Truss favours trickle down economics but results can be trickle up

UK PM is reviving the idea that cutting taxes for the better off ultimately benefits everyone. The IMF disagrees

The Guardian - UK

What Friday's 'mini budget' could mean for you as Liz Truss confirms tax cuts

Liz Truss' government are expected to make some major economic announcements at the end of the week

Manchester Evening News

Liz Truss and Joe Biden clash over economic policy ahead of US meeting

US president attacks ‘trickle down’ economics, as PM admits her tax cuts will benefit rich most

The Independent UK

Liz Truss signals further tax cuts could be on way in hunt for economic growth

PM’s remarks suggest tax cuts set to be unveiled in Friday’s ‘fiscal event’ may not be the last, with full budget expected in November

The Guardian - UK

Liz Truss warned corporation tax cuts have not fuelled investment

‘Race to the bottom’ on tax on company profits has failed to boost economic growth, says IPPR

The Guardian - UK

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The Guardian - UK

Kwarteng accused of bid to avoid scrutiny of £30bn tax cut package

Chancellor thought to be delaying full budget until next year, preventing spending watchdog from assessing his plans

Daily Mirror

What happens now Queen's funeral is over - day-by-day guide to huge week in politics

Liz Truss has jetted off on her first overseas visit as PM, businesses' energy bills help is announced - and Chancellor Kwasi Kwarteng delivers a mini-Budget with multi-billion pound tax cuts

The Independent UK

Liz Truss to cut taxes in certain parts of the country picked by the government

‘Investment zones’ will see the government choose some areas for tax cuts

The Guardian - UK

Tory MPs fear Liz Truss’s policies will create a ‘complete open goal’ for Labour

Bankers’ bonuses, the NHS and tax cuts that favour the rich are all causing jitters on the benches behind the new prime minister

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The Independent UK

Kwasi Kwarteng expected to announce £30 billion in tax cuts this week

National Insurance and Corporation Tax rises on the block

The Guardian - UK

Kwarteng to announce £30bn of tax cuts in mini-budget – reports

Chancellor expected on Friday to outline proposals to deal with cost of living crisis and boost growth

The Guardian - AU

Jacqui Lambie says major parties ‘killing’ Australia and blasts Labor over stage three tax cuts

Senator tells Festival of Dangerous Ideas the rise of the teals is ‘the breakthrough our country’s been waiting for’

The Conversation

That $243 billion 'saving' from axing the Stage 3 tax cut is more mirage than reality

What if we could save A$243 billion by abolishing the Stage 3 tax cuts?

The Guardian - UK

Kwasi Kwarteng to deliver emergency mini-budget on 23 September

Chancellor to bring in winter tax cuts and announce further energy support at end of mourning period

The Independent UK

Kwarteng plan to boost growth ‘could take decade to achieve target’

Expected ‘sugar rush’ of tax cuts could knock growth off track by forcing up inflation and interest rates, economists warn

The Guardian - UK

Liz Truss under pressure to reveal details of energy crisis plan

Emergency budget of winter tax cuts expected next week once period of national mourning for Queen is over

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