38 h. ago Stealth tax raid hits incentives to work, save and even stay in the UK, warns Budget watchdog

David Miles, from the Office for Budget Responsibility (OBR), suggested Rachel Reeves' freeze on income tax thresholds would weigh on growth in the economy.

Events

5 d. ago Reeves defends £26bn tax raid after Budget backlash as watchdog urged to investigate ‘false briefings’

The chancellor doubled down on her tax hikes, saying she wasn’t willing to cut public services

Economics

6 d. ago Reeves defends ‘fair and necessary’ £26bn tax raid after Budget backlash

The chancellor she had made choices to increase taxes and improve public infrastructure, and had ‘chosen to protect public spending’

Economics

6 d. ago No10 denies Rachel Reeves misled public over the economy in run up to Budget

Rachel Reeves had signalled that she could be forced to hike income tax in the Budget to plug an economic black hole -estimated by experts to be around £20billion

Economics

7 d. ago Reeves vows state pensioners won’t have to pay tax despite alarm over Budget changes

The chancellor said the Treasury would not go after ‘tiny amounts of money’ from state pensioners, pledging that they would not pay any tax in this parliament

Economics

7 d. ago The Budget’s stealth tax phenomenon and how much it will cost you

Even when taxes don’t rise, your payments might as a result of what’s called fiscal drag

Economics

7 d. ago Mansion tax to wipe £10,000s off value of London homes hit by new levy in Reeves Budget

One in four homes which will pay the property surcharge are in just three London boroughs; Kensington and Chelsea, Westminster and Camden

Economics

7 d. ago Mansion tax to wipe £10,000s off value of London homes hit by the new levy in Reeves Budget

One in four homes which will pay the property surcharge are in just three London boroughs; Kensington and Chelsea, Westminster and Camden

Economics

8 d. ago Did Rachel Reeves break her manifesto pledge on tax? Her own words suggest she did

The chancellor is using semantics to argue she has not broken her pledge – which will be of little comfort to those whose income tax bill will soar, writes David Maddox

Politics

8 d. ago Martin Lewis: Income tax freeze 'breaks spirit of Labour manifesto and 1p rise would be less damaging'

In her Budget on Wednesday, Rachel Reeves announced £26 billion of tax rises

Politics

8 d. ago Reeves’ stealth tax hits low earners harder than ‘sensible’ income tax change, says top think tank

People earning less than £35,000 a year will pay more than if chancellor had raised basic rate by 1p, says Resolution Foundation

Events

8 d. ago More than 500,000 people in London and South East to be dragged into paying 40% income tax after Reeves Budget

The Chancellor was facing criticism that she was hitting workers with tax rises to pay for more benefits

Economics

8 d. ago 'Chilling effect' of Budget briefings cost London jobs, say bosses as Reeves defends her tax and spend plans

They also warned the Chancellor’s measures would have ‘little to no impact on growth in the round’

Economics

8 d. ago Millions more dragged into paying higher income tax in Reeves’s £26bn Budget squeeze

Chancellor admits ‘I am asking ordinary people to pay a little more’ as she unveils 43 tax rises, but finally scraps the much-criticised two-child benefit cap

Economics

8 d. ago Budget 2025: 1.7 million workers to pay more income tax due to Reeves’s ‘stealth tax’

It will mean £140 more in tax for hundreds of thousands of earners

Economics

8 d. ago Budget 2025: Renters braced for price hikes after Rachel Reeves hits landlords with tax increase

The Conservative leader says Rachel Reeves’s plan to increase taxes on rental income will force landlords out of the market and leave tenants paying the price

Economics

8 d. ago Budget 2025: 1.7 million workers to pay higher income tax rates due to Reeves’s ‘stealth tax’

It will mean £140 more in tax for hundreds of thousands of earners

Economics

8 d. ago Budget 2025 live: Rachel Reeves announces £26bn plan for income tax, pensions and ISA cuts after OBR leak

Chancellor unveils series of tax hikes to fill black hole in public finances in addition to ditching two-child benefit cap and changes to ISAs

Economics

8 d. ago Budget 2025: What it means for you as Reeves extends income ‘stealth tax’ for three years

It will mean £140 more in tax for hundreds of thousands of earners

Economics

8 d. ago Budget 2025: Winners and Losers from Reeves' tax and spend plan

The Chancellor is targeting the wealthy while trying to protect people on low incomes

Economics