Rachel Reeves is “fighting for her political survival” as she plots to raise taxes on millions of workers, a group of Labour MPs claim. Events
MILLIONS of pensioners face paying an extra £380 a year in tax under Rachel Reeves' Budget plans. The Chancellor is expected to increase income tax by 2p in her Autumn Budget, while cutting National Insurance (NI) payments by 2p for earnings under £50,270. This would ease the burden on workers, as the income tax hike... Economics
Chancellor Rachel Reeves could unveil a 3p per mile levy on EVs, on top of other road taxes, as she desperately tries to fill a huge black hole in the public finances . Economics
MILLIONS of workers could see their take-home pay cut under Budget plans being weighed up by the Treasury, industry experts have warned. The Society of Pension Professionals (SPP) has written to all 650 MPs urging the Government not to slash or scrap "salary sacrifice" for pension contributions. SPP says such a move would hit ordinary... Economics
The Labour Chancellor is said to be plotting to remove tax breaks offered to employers and staff that pay money into workplace pensions as she looks to plug a multi billion black hole in public finances. Economics
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
Chancellor Rachel Reeves could hit homeowners with a new mansion tax costing thousands of pounds a year as part of a class war plan being considered for next month's Budget. Events
According to reports, savers could see their annual cash allowance slashed and be forced to invest a minimum amount in UK companies. Economics
Chancellor to crack down on loophole under which partners do not pay employer national insurance Economics