1 hour ago Personal Allowance income tax threshold of £12,570 could increase at Autumn Budget

More pensioners will pay tax in retirement next year due to the frozen Personal Allowance.

Economics

3 h. ago Desperate Rachel Reeves is 'actively discussing' smashing Labour's manifesto by hiking income tax at Budget as she struggles to fill '£40bn' black hole

Increasing income tax is said to be a 'live debate' between the Chancellor and her aides amid fears she cannot bring in enough cash by solely targeting the 'rich'.

Economics

10 h. ago Chancellor Rachel Reeves 'is in active discussions about breaking Labour's manifesto pledge and putting a penny on income tax to fill £30billion budget gap'

The Chancellor is eyeing up a series of tax raids as she seeks to fill a £30billion black hole in the public finances next month.

Economics

13 h. ago Rachel Reeves 'considering breaking Labour manifesto pledge with income tax rise at Budget'

Treasury discussions to fill estimated £30billion gap include possibly adding 1p to basic rate or raising higher or additional tax rates

Economics

50 h. ago Benefits poised to surge 3.8% and state pension 4.8% in April as Rachel Reeves desperately looks for ways to curb spending

Universal credit and disability handout rises are typically linked to the CPI inflation rate for September, which was revealed today as 3.8 per cent.

Economics

8 d. ago Reeves needs to fill £22bn hole in UK public finances, IFS says

Think-tank’s report raises pressure on chancellor to raise income tax at Budget on November 26

Economics

1 week ago Labour's Plan B on growth bulldozers! Desperate Rachel Reeves hopes slashing more planning rules can ease Budget crisis

Fresh additions to the Government's flagship planning Bill are aimed at speeding up the building of new water reservoirs, onshore wind farms and large housing schemes.

Events

1 week ago How the IFS says Rachel Reeves can raise tax and fill a £30bn black hole WITHOUT breaking her promises

The Chancellor may have to find up to £30billion in the Budget, but has pledged not to raise income tax, National Insurance or VAT.

Economics

1 week ago Income tax or VAT? Experts reveal which increase will have ‘least damaging’ impact on economy

New economic analysis has revealed which tax rise will be the better option for the economy

Economics

2 w. ago Income tax or VAT? Experts reveal which increase will have ‘least damaging’ on economy

New economic analysis has revealed which tax rise will be the better option for the economy

Economics

3 w. ago London tax bombshell: 170,000 would be hit by stealth income threshold freeze extension

Rachel Reeves admitted during the Labour Party Conference that she no longer stands by her pledge last year not to raise taxes

Events

3 w. ago Streeting vetoes Treasury VAT raid on private health that could have hit millions of families as Rachel Reeves desperate struggles for ways to raise tax

Health Secretary Wes Streeting moved to crush the idea being mooted within government amid fears it would have hit eight million families.

Economics

3 w. ago Rachel Reeves gives income tax threshold £12,570 update amid budget freeze fears

Massive campaigns have hit out at the freeze since 2021 which as seen millions of lowest paid hit by 'fiscal drag'

Economics

3 w. ago Rachel Reeves is accused of 'desperate stuff' after claiming plan to allow European youths to live and work in Britain would boost growth and stop tax rises

The scheme, which has yet to be signed off, is likely to raise very little because it is reciprocal - meaning young British people would be able to go and work in the EU.

Economics