21 h. ago How much income tax you'll have to pay if 2p rise announced in Budget

The Chancellor has given her clearest signal yet that she plans to increase income tax

Economics

46 h. ago See how much Income Tax hike could cost YOU as Reeves refuses to rule out rises

You currently pay the basic 20% rate of Income Tax when you earn above £12,570, then the higher rate of 40% income tax kicks in on earnings above £50,270

Economics

3 d. ago Families will pay nearly £600,000 in income tax over their lifetimes, new figures reveal

FAMILIES will pay nearly £600,000 in income tax over their lifetimes, new figures reveal.  They will cough up £571,740 — part of a £1.28million lifetime tax bill once VAT, national insurance and other levies are included.  TaxPayers’ Alliance chief executive, John O’Connell, claimed most households were now “tax millionaires” after unveiling his group’s research findings....

Economics

7 d. ago See how much Income Tax hike could cost YOU as Starmer refuses to rule out rises

You currently pay the basic 20% rate of Income Tax when you earn above £12,570, then the higher rate of 40% income tax kicks in on earnings above £50,270

Economics

1 week ago How much would Labour's plan to increase income tax cost YOU? Find out how your pay will be hit if Chancellor goes through with plan to hike levy by a penny

The Chancellor is said to be considering ripping up the party's election pledge not to raise income tax paid by millions of Britons as she struggles to get a grip on public spending.

Economics

2 w. ago More than 1.1m people over pension age could pay income tax on savings accounts

Some 1,160,000 people over state pension age are expected to incur an income tax liability on savings, according to data obtained by AJ Bell.

Economics