12 h. ago Scots tycoons back 'temporary' income tax rise by Labour Government

Willie Haughey and Tom Hunter offered a measured assessment on speculation Chancellor Rachel Reeves is ready to raise tax.

Politics

28 h. ago Use our calculator to check how a 2p income tax rise could hit YOUR finances

HOUSEHOLDS around the UK are bracing themselves for tax hikes in Rachel Reeves' Budget later this month. The Chancellor yesterday once again paved the way to hike income tax in a breach of her manifesto commitment to help plug the nation’s finances. It comes as Labour previously pledged not to increase taxes on "working people"....

Economics

46 h. ago Labour's flagship manifesto pledge on tax to be ripped up, Reeves makes clear ahead of Budget

The Chancellor said sticking to Labour’s manifesto commitments would mean ‘deep cuts’ to capital spending, something she indicated she will not do

Economics

58 h. ago Reeves to hammer London and South East with 2.8m facing Budget blow from 2p income tax rise

The Chancellor has been hit by a Labour revolt over breaking the party’s manifesto by raising income tax

Economics

59 h. ago Reeves to hammer London with 1.4 million facing Budget blow from 2p income tax rise

Reeves to hammer London with 1.4 million facing Budget blow from 2p income tax rise  London Evening Standard

Economics

4 d. ago How could Rachel Reeves increase income tax in her Budget – and what would it mean for you?

Chancellor reportedly tells watchdog she intends to increase personal tax in one of several ‘major measures’ planned for Budget at end of month

Economics

5 d. ago How much an income tax rise would cost you if Rachel Reeves increases it in the Budget

The chancellor's hints at an income tax rise have been met with alarm from some

Economics

6 d. ago Labour MPs turn on Rachel Reeves as Chancellor hints at breaking manifesto pledge not to raise income tax

The Chancellor hinted this week that she is considering a manifesto-busting rise in income tax as she grapples with a black hole in the public finances estimated at up to £30 billion.

Politics

7 d. 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

7 d. ago I won't quit even if I break my promise not to raise tax, Rachel Reeves says

The Chancellor hinted she is considering the first rise in the basic rate of income tax for half a century, saying 'we will all have to contribute' at the November 26 Budget.

Politics

8 d. ago SNP ministers may be forced to slash public spending or hike taxes due to UK Budget 'hard choices'

The Fraser of Allander Institute estimated a 2p rise in UK income tax could cut Holyrood’s budget by £1 billion due to the fiscal arrangements between Holyrood and Westminster.

Politics

8 d. ago Threat of income tax rise grows as Rachel Reeves gives clear sign she will break Labour manifesto pledge

Chancellor rolls ground for tax rises in unusual pre-Budget speech at Downing Street

Events

8 d. ago Income tax fears rise as Rachel Reeves gives clear sign she will break Labour manifesto pledge

Chancellor rolls ground for tax rises in unusual pre-Budget speech at Downing Street

Politics

8 d. ago Reeves pledges to build bigger cushion in Budget to ‘withstand global turbulence’

Opposition parties criticise chancellor over speech that opens door to manifesto-breaking income tax rise

Politics

8 d. ago Reeves to lay groundwork for tax rises in ‘candid’ speech about budget

Chancellor to promise ‘fairness and opportunity’ but will not repeat manifesto pledge on tax, after PM’s hint at breachRachel Reeves will lay the groundwork for a tax-raising budget that could break Labour’s election promise on income tax, in a major speech in which she will be “candid” about the tough choices ahead.The chancellor will give the speech as the markets open on Tuesday, when she will promise to make fair choices at this month’s budget but decline to repeat her manifesto pledge of no rise in income tax, VAT or national insurance. Continue reading...

Economics

1 week ago Starmer to face cabinet backlash if he breaks manifesto pledge on income tax

Senior ministers fear rumoured plans could backfire significantly with already-weary voters

Politics

1 week ago Finance expert warns income tax rise at Autumn Budget could hit pensioners and self

Speculation is growing that changes to income tax and National Insurance will be announced in November.

Events

1 week ago Chancellor considering tax cut for Scots ahead of pivotal Holyrood election

EXCLUSIVE: Rachel Reeves is looking at a plan which would shield Scots from an income tax rise, but give them an NI cut.

Politics

2 w. ago Income tax rise not ruled out by Keir Starmer in PMQs clash on Budget with Kemi Badenoch

Millions of households are set to be hit with tax rises as Rachel Reeves seeks to plug a hole in the public finances

Economics

2 w. ago Income tax rise only way to plug extra £20bn in Budget black hole, economists warn Reeves

Economists say trying to balance the books by raising smaller taxes risks ‘unnecessary amounts of economic damage’

Economics