45 h. ago How 1million will pay tax for the first time if Budget raid goes ahead – min wage and pensioners will be hit hardest

A MILLION extra people will be dragged into paying income tax if Rachel Reeves presses ahead with a punishing stealth rise, a new report reveals. Pensioners and minimum wage earners face being hit by tax thresholds being frozen for a further two years to help balance the books. Income tax thresholds are frozen until 2028, so...

Economics

7 d. ago Reeves ‘targets tax raid on employee pension contributions at Budget’

Employees contributing more than £2,000 a year into work-based pensions could face additional tax, according to a report by The Times

Economics

8 d. ago Almost 9million pensioners to be hit by Rachel Reeves's income tax raid as Chancellor 'tells Budget watchdog she will break Labour's manifesto pledge'

The Chancellor has paved the way for fresh levy hikes later this month after she used a Downing Street speech on Tuesday to warn Britons: 'Each of us must do our bit.'

Economics

8 d. ago Almost 9million pensioners to be hit by Rachel Reeves' income tax raid as Chancellor 'tells Budget watchdog she will break Labour's manifesto pledge'

The Chancellor has paved the way for fresh levy hikes later this month after she used a Downing Street speech on Tuesday to warn Britons: 'Each of us must do our bit.'

Economics

2 w. ago How Rachel Reeves is plotting a £50billion tax raid on YOUR pension pot

A PENSIONS shake-up being considered in next month's Budget would shrink pots by £50billion, Rachel Reeves has been warned. The Chancellor is said to be considering slashing tax relief for pensions in her Autumn statement on November 26th. Currently, when you save into a pension, the government adds back the income tax you paid on...

Economics

3 w. ago Pensions tax raid fears: Treasury today issues official response to Budget campaign

Worried people have been rushing to withdraw lump sums amid concerns it could be targeted by Rachel Reeces in November Budget

Economics

4 w. ago Are we earning enough? The new squeeze on the middle classes

A likely further tax raid in the Budget will only add to pension and mortgage woes

Politics

4 w. ago Reeves plots tax raid on Middle England: Fears grow that Chancellor will target savings, pensions and property as she suggests Brits with the 'broadest shoulders' will pay billions more

As official figures showed the economy flatlined over the summer, the Chancellor laid the ground for a Budget that will target the better-off.

Economics

4 w. ago Tax raid to fall on 'broadest shoulders': Fears grow that Rachel Reeves will target savings, pensions and property

As official figures showed the economy flatlined over the summer, the Chancellor laid the ground for a Budget that will target the better-off.

Economics