3 h. ago Keir Starmer grilled on Budget stealth tax during fiery PMQs exchange

Rachel Reeves, who is grappling with a multi-million pound black hole, said last year she would end the income tax threshold freeze by 2028. But there is speculation it could be extended

Economics

3 h. ago Starmer refuses to rule out freeze on income tax thresholds in Budget

Labour prime minister under pressure from Conservative leader Kemi Badenoch

Economics

4 h. ago Keir Starmer refuses to rule out income tax thresholds freeze at Budget

The Prime Minister dodged questions about the Chancellor’s plans at PMQs

Economics

4 h. ago Starmer refuses to rule out freeze on income tax thresholds ahead of Budget

The Prime Minister declined to answer numerous questions from Kemi Badenoch on the issue.

Economics

5 h. ago Starmer refuses to rule out freezing income tax thresholds in Budget

Starmer facing questions in Commons ahead of crunch Budget next week

Economics

41 h. ago How much have frozen tax thresholds cost YOU? Our fiscal drag calculator reveals the pain

The Chancellor is widely expected to extend the freeze on income tax thresholds, we reveal what it has cost people so far - and you can work out your bill.

Economics

56 h. ago Budget 2025: Reeves set to drop tax hikes in favour of threshold freezes

Millions may face higher bills as frozen tax bands quietly push more income into taxation 💸

Economics

59 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

60 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

64 h. ago Rachel Reeves's stealth tax will cost working families more than £1,000 as Chancellor plots 'smorgasbord' of smaller increases

The Chancellor's plan to freeze income tax thresholds for a further two years will cost higher-earning couples as much as £1,300 in tax and National Insurance, analysis has found.

Economics

4 d. ago Reeves to freeze thresholds after ditching planned income tax hike – reports

The Chancellor is understood to have U-turned after improved forecasting from the Office for Budget Responsibility.

Politics

5 d. ago Anarchy in government as PM's 'nemesis' Wes Streeting celebrates Reeves' humiliating income tax U

Health Secretary Wes Streeting - seemingly emboldened by a botched Downing Street 'hit job' on his leadership ambitions this week - has publicly declared that he had not supported the move.

Politics

5 d. ago Markets get jitters after Reeves DROPS Budget plan to hike income tax amid panic that Labour MPs will oust Starmer but she could slash thresholds instead to fill £30bn black hole

The Pound has already taken a hit after the extraordinary U-turn emerged overnight, following weeks of signals that the move would go ahead.

Economics

5 d. ago Markets hammer Reeves after she DROPS Budget plan to hike income tax amid panic that Labour MPs will oust Starmer but she could slash thresholds instead to fill £30bn black hole

The Pound has already taken a hit after the extraordinary U-turn emerged overnight, following weeks of signals that the move would go ahead.

Economics

5 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

3 w. ago See how much Income Tax hike could cost YOU as Starmer 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

3 w. ago Starmer refuses to rule out tax rises in budget after questioning by Badenoch

Prime minister fails to answer Tory leader’s questions about manifesto pledge not to raise income taxUK politics live –latest updatesKeir Starmer has refused to rule out tax rises in next month’s budget, which would breach Labour’s manifesto promises, boosting speculation that Rachel Reeves is considering raising income tax to reduce a shortfall.The prime minister pointedly ignored questions posed to him by Kemi Badenoch in the Commons about the manifesto pledge, something the Conservative leader said he had not done when asked before. Continue reading...

Economics

3 w. ago Keir Starmer REFUSES to rule out breaking Labour's manifesto pledge on tax rises as PM fuels fears of huge Budget raid on workers

The Prime Minister failed to commit to keeping his pre-election vow to not increase National Insurance, income tax, or VAT .

Economics

3 w. ago Personal Allowance income tax threshold of £12,570 could increase at Autumn Budget

More pensioners will pay tax in retirement next year due to the frozen Personal Allowance.

Economics