Travelers from Australia to the UK will soon face a higher ‘flight tax’ when leaving, especially if they're in business or first class. The UK's Air Passenger Duty (APD), a tax that started small in 1994, has been going up. The latest boost, announced by the new Labour government, hits premium seats
Both Democrats and Republicans are courting small business owners ahead of the election. With a high trust rating and employing nearly half of the private sector workforce, small businesses are a significant player. However, owners are uncertain about the election's impact. Small business confidenc
Billionaire businessman Mark Cuban recently shared his thoughts on former President Donald Trump's proposed tariffs on China. While appearing on The View, Cuban warned that if Trump wins the upcoming election, families might struggle to afford Christmas gifts due to increased prices. Most holiday pr
U. K. Treasury Chief Rachel Reeves has acknowledged that a recent tax increase on businesses could result in wages rising less than expected. This follows a budget announcement where she raised taxes by around £40 billion ($52 billion) to fix what she claims is a gap in public finances and fund publ
British businesses are feeling the pinch after the UK's Finance Minister, Rachel Reeves, announced a tax-hiking budget. The biggest change is an increase in National Insurance (NI) payroll tax for employers. This will rise from 13. 8% to 15% from April 2025 and will start at a lower income threshold
UK government borrowing costs hit their highest level since the Labour party took charge. This happened after Finance Minister Rachel Reeves announced big tax increases in her first budget. Right after the news broke at 12:30 p. m. , the yield on 10-year UK government bonds jumped by as much as 7 ba
Ever heard of a new way to fund schools? Missouri is voting on it! They want to legalize sports betting and use the taxes for education. Sounds great, right? But hold on, there's a catch. Some of the money sportsbooks use to attract bettors won't be taxed. That's what policymakers are debating right
Britain's new Labour government is set to increase taxes on 'sin' items like alcohol, cigarettes, and gambling in its upcoming budget. This move is expected to bring in billions of pounds. These industries are often targeted because they're unpopular and won't have many defenders. However, experts w
On September 23, UK Finance Minister Rachel Reeves spoke at the Labour Party Conference in Liverpool, hinting at the upcoming budget. This is Labour's first budget in 15 years, and it's causing a stir. Will there be tax hikes or spending cuts? Reeves hinted at a change in debt rules to free up funds
Governor Gavin Newsom has come up with a new plan to help California's film industry stay strong. He wants to increase the amount of money given as tax credits to movie and TV productions from $330 million to $750 million each year. This could start as early as July 2025, if the state's lawmakers ag
