21 h. ago Chancellor's Budget raid will make 500,000 more people in London and South East pay 40% income tax rate

Rachel Reeves is set to impose a ‘stealth tax’ in her Budget on November 26 with a further two-year freeze on income tax thresholds

Economics

21 h. ago Reeves Budget raid will see 260,000 more Londoners paying 40% income tax rate

Reeves Budget raid will see 260,000 more Londoners paying 40% income tax rate  London Evening Standard

Economics

22 h. ago 500,000 more people in London and South East to pay income tax higher rate by 2029 with Reeves Budget raid

The Chancellor is set to impose a ‘stealth tax’ in her Budget on November 26 with a further two-year freeze on income tax thresholds

Economics

3 d. ago Reeves' 'sums of anarchy' in 'most chaotic Budget ever': How you could still pay £750 more on £50,000 salary even without an income tax hike

The Treasury has made clear that income tax rates will not be increased on November 26, despite weeks of heavy hints about the first rise for 50 years.

Economics

4 d. ago 'Stealth tax' alert: Reeves Budget to make record 10m pay Income Tax higher rate if she freezes thresholds

A further two-year freeze on Income Tax thresholds would drag 790,000 more people into paying the 40% higher rate, according to the IFS

Economics

4 d. 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

5 d. ago SIMON LAMBERT: Why Rachel Reeves' Budget may spell bad news for your pay packet

The budget is coming up and the Chancellor, Rachel Reeves, needs to balance Britain's books. That could spell bad news for your pay packet.

Economics

9 d. ago More than 1mn paid highest rate of tax last year due to frozen thresholds

Fiscal drag accounts for two-thirds of those paying the additional rate of income tax

Politics

1 week 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

1 week 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

1 week 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

1 week ago UK's Reeves set to spare banks from budget tax raid, FT reports

UK's Reeves set to spare banks from budget tax raid, FT reports  Reuters

Economics

1 week 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

1 week ago Now Labour faces revolt over tax raid on 'working class' as Reeves warns EVERYONE will suffer from Budget not just the 'rich'

Left-wingers have demanded Rachel Reeves spares the 'working class' after she took the highly unusual step of laying the ground for her fiscal package with a speech in Downing Street.

Events

1 week ago Labour revolt over tax raid on 'working class' as Reeves warns EVERYONE will suffer from Budget not just the 'rich'

Chancellor Rachel Reeves talked up the need to 'invest' as she took the highly unusual step of teeing up her fiscal package with a speech in Downing Street .

Events

1 week 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

2 w. 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

2 w. ago Rachel Reeves ‘eyes tax raid on expensive homes’ in crunch Budget

Mansions and other high value houses in Labour chancellor’s sights as she prepares for crucial Budget later this month

Economics

2 w. ago Rachel Reeves plans Budget tax raid on expensive homes in England

UK chancellor predicted to plump for ‘least worst option’ of creating higher council tax bands

Economics

2 w. ago Will Rachel Reeves raid LLPs in the Budget and what do lawyers, accountants and GPs stand to lose?

There are well sourced reports the Chancellor is planning to raise billions of pounds from professionals who are part of partnerships. Financial planner Ian Cook explains.

Economics