UK Treasury chief admits business tax rise could lead to lower than anticipated wages

  • 📰 AP
  • ⏱ Reading Time:
  • 21 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 51%

United Kingdom Notícia

Government Programs,Taxes,Compensation And Benefits

U.K. Treasury chief Rachel Reeves has conceded that wages may rise by less than previously thought as a direct result of her budget decision to increase a tax that businesses pay for their employees.

Locked in Mideast wars and battered by sanctions, Iran is wary over US presidential electionOpponents use parental rights and anti-trans messages to fight abortion ballot measuresThe Afternoon WireElon Musk's $1M-a-day voter sweepstakes for Trump goes before a Philadelphia judgePing! Harris and Trump are blowing up your phones with political texts in campaign's last daysLos Angeles sees bus burned, store thefts and rowdy crowds after Dodgers win World SeriesHeidi Klum's Halloween...

“I recognize there will be consequences,” Reeves told the BBC. “It will mean that businesses will have to absorb some of this through profit and it is likely to mean that wage increases might be slightly less than they otherwise would have been.

The IFS said the government will potentially need to raise up to another 9 billion pounds the year after next to avoid cutting spending in some departments.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 728. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

UK Treasury chief admits business tax rise could lead to lower than anticipated wagesU.K. Treasury chief Rachel Reeves has conceded that wages may rise by less than previously thought as a direct result of her budget decision to increase a tax that businesses pay for their employees.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »