54 h. ago Brits have become POORER in 2025 as Labour's tax bonanza reduced household incomes despite Starmer's promises

Official national accounts painted a dismal picture, with growth slightly worse than previously thought in the second quarter of the year.

Politics

4 d. ago Low income households could be due extra money or Council Tax discounts

People working full-time may also be able to pause Council Tax payments to ease money worries this winter.

Economics

8 d. ago State pensioners on this income to save at least £190 under major new tax policy

Chancellor Rachel Reeves confirmed the new policy will affect certain claimants

Economics

8 d. ago HMRC letters to thousands of people ahead of income tax change in April

Around 200,000 people have received the letter from HMRC.

Politics

1 week ago SNP urged to cut tax for talented overseas workers to 'attract skills and investment'

SNP ministers have been told to realign income tax thresholds with the rest of the UK.

Economics

1 week ago Interest rate cut next week ‘nailed on’ as UK economy grows just once in seven months

Pre-Budget worries and speculation that chancellor Rachel Reeves would hike income tax has been blamed

Politics

1 week ago No 10 publishes list of 34 new political peerages including 25 Labour, five Liberal Democrats and three Conservatives – UK politics live

Downing Street publishes list including ex-Olympic swimmer Sharron Davies and Iceland supermarket chief Richard Walker Reeves is now being asked about the leak to the Financial Times on 13 November saying that Reeves had dropped plans to raise income tax in the budget.Reeves claims some aspects of the story were misleading. Continue reading...

Politics

1 week ago Rachel Reeves admits there were too many 'very damaging' leaks ahead of budget

The Chancellor described the leaks as 'very damaging' after UK government borrowing costs briefly spiked following news reports of a reversal of an expected income tax rise

Politics

2 w. ago Reeves admits Budget leaks were ‘extremely damaging’ but insists she wasn’t to blame

The chancellor hit out at ‘too many leaks’ and said an inquiry was underway to root out who was responsible

Politics

2 w. ago Starmer rules out joining customs union with EU, saying it would not be sensible to ‘unravel’ US trade deal – UK politics live

Starmer was responding to a question from Lib Dem leader Ed Davey at PMQsReeves is now being asked about the leak to the Financial Times on 13 November saying that Reeves had dropped plans to raise income tax in the budget.Reeves claims some aspects of the story were misleading. Continue reading...

Politics

2 w. ago Britons pay even more income tax than the French, Germans and Americans, warns OECD

Britons are paying even more taxes on their income and capital gains than the French or Germans - with the burden climbing to the highest in nearly half a century.

Events

2 w. ago Martin Lewis issues new State Pension tax update and adds 'nobody picked up on it'

Personal finance expert has warned that State Pension recipients with any additional income will face tax from 2027 due to £12,570 rule

Economics

2 w. ago Why isn't there a special allowance so pensioners on low incomes don't pay tax? STEVE WEBB replies

I'm confused over what is going on with the state pension and tax once it goes through the tax-free personal allowance.

Economics

2 w. ago Cutting income tax is the promise Anas Sarwar needs to make to distance himself from Keir Starmer

Daily Record Political Editor Paul Hutcheon says Anas Sarwar may need to bring forward his income tax plan is he wants to eat into the SNP's 17 point lead for Holyrood.

Events

2 w. ago Stealth tax raid hits incentives to work, save and even stay in the UK, warns Budget watchdog

David Miles, from the Office for Budget Responsibility (OBR), suggested Rachel Reeves' freeze on income tax thresholds would weigh on growth in the economy.

Events

2 w. ago Edinburgh to get nearly 500 affordable homes from new 'tourist tax'

The so-called tourist tax will help those on lower incomes in the city get a decent home.

Society

3 w. ago Call for ministerial code probe into John Swinney's 'blatant lies' over SNP tax increases

The SNP’s Holyrood manifesto vowed to “freeze income tax rates and bands” until 2026.

Politics

3 w. ago John Swinney ‘lied & breached ministerial code’ claims rivals as they call for probe

JOHN Swinney should face a probe into whether his own budget “lies” have breached the ministerial code, the Tories demanded. The First Minister has repeatedly refused to admit the SNP breached their 2021 election promise to freeze income tax rates and bands, despite hiking the levies twice. The Scottish Tories have now written to the...

Politics

3 w. ago Why income tax changes announced by Rachel Reeves are worse news for people in Wales than anywhere else

Analysis of the Chancellor's budget makes sour reading if you're in Wales

Politics

3 w. ago Starmer admits he planned to break manifesto pledge on income tax

PM defends last week’s Budget and says ‘there was no misleading’ about economic forecasts

Politics