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First-year vehicle excise duty is a fraction of that in countries such as France and the NetherlandsLow taxation on petrol SUVs in the UK compared with much of Europe is inviting a glut of large, polluting luxury cars, according to an analysis by a green thinktank.The tax paid when buying a new petrol or diesel SUV in the UK is only a fraction of...

Details about leader’s finances for 2022-23 come after Rishi Sunak revealed he paid more than £508,000 of tax on £2.2m plusKeir Starmer paid £99,431 in UK tax on earnings of £404,030 last year, according to a summary released by the Labour party.The Labour leader’s tax summary for 2022-23 was published a week after Rishi Sunak’s, which revealed the prime minister paid more than £508,208...

Retailers including Marks & Spencer and Tesco promise to pass on savings to customers after VAT axedWomen can buy period pants for £2 cheaper than current prices after the government abolished a tax on the product.As of Monday, retailers including supermarkets Marks & Spencer and Tesco, as well as clothing shop Primark, have promised to pass on the savings (worth 16%) to customers. Continue...