Rachel Reeves 'to freeze income tax thresholds'
Budget 2024 latest: Reeves’ stamp duty plans shake property market as benefits ‘to be cut by £3bn’
Sir Keir Starmer has insisted the government will keep its manifesto pledges amid reports the Chancellor could extend the freeze on income tax thresholds in this month’s Budget.Rachel Reeves may be considering pushing the freeze beyond its current expiry date of 2028 in a move that could raise £7 billion,
Rachel Reeves ‘to extend freeze on income tax thresholds’
Rachel Reeves is preparing to extend the freeze on income tax thresholds in a move that will raise £7 billion a year, according to reports. The stealth tax raid, announced in 2021 by Rishi Sunak, is now expected to continue beyond a previous deadline of 2028.
Chancellor Rachel Reeves 'considering income tax threshold squeeze' in Budget
Income tax thresholds usually rise in line with inflation but the-then Chancellor Rishi Sunak imposed a freeze in 2021 to claw back cash after the Covid pandemic
Workers set for income tax hike as Rachel Reeves ‘to extend freeze on thresholds’
Keir Starmer and Rachel Reeves have been accused of preparing to break a manifesto pledge with reported plans that could see hundreds of thousands more people dragged into paying higher rates of tax.
Reeves warned inheritance tax hike would punish middle classes as Budget backlash intensifies
Chancellor Rachel Reeves has been warned that her plan to hike inheritance tax risks punishing middle-class homeowners as the backlash against her Budget intensified. Ms Reeves is considering an increase on the “death tax”,
What to expect from Rachel Reeves's Budget - Britons urged to brace themselves for 'hasty tax grab'
As Budget day looms, there has been much speculation on the potential tax rises Chancellor Rachel Reeves could go ahead with to fill the £22billion black hole in public's finances. GB News has provided a round-up of what Britons should be on the look out for,
Inheritance tax to rise in Budget as Reeves plans to hit well-off
Any changes to Inheritance Tax would most significantly impact the wealthy, with the Institute for Fiscal Studies estimating that just 5 per cent of all deaths incurred the charge in 2022–23. It raises about £7bn a year for the government and includes a number of reliefs,
Rachel Reeves’s spiteful Budget will impoverish the nation
As Rachel Reeves prepares for her first Budget with every passing day, another wheel seems to come off her revenue-raising ...
Rachel Reeves Budget uncertainty has UK firms 'teetering on the edge'
The number of British businesses in financial distress has shot up by a third in the lead-up to Chancellor Rachel Reeves' ...
Rachel Reeves ‘set to raise fuel duty next year’ as Tory MPs demand freeze
Sources briefed on the chancellor’s thinking told The Financial Times that they believe the cut will take effect from next ...
Business Matters42m
October budget 2024 predictions: what Rachel Reeves could announce
Rachel Reeves’ first Labour budget could introduce tax hikes, including potential increases in national insurance, capital ...
Rachel Reeves to unleash triple tax raid - and state pensioners won't escape
Labour’s manifesto pledged not to raise income tax rates. Last year, Ms Reeves appeared to agree, saying: “People on average ...
Please, Rachel Reeves – the last thing we need is yet another wine tax
I don’t know about you, but everytime I do the “big shop”, the amount I spend seems to go up – but the number of goods in my ...
Rachel Reeves Budget plan could see one million workers facing pay cut
ONE MILLION workers could be set for a pay cut under Rachel Reeves’ budget “painful” budget plan. The Chancellor could extend ...
Rachel Reeves eyes up crippling fuel duty HIKE in October Budget costing drivers £100s – as 70 MPs demand freeze
DOZENS of furious MPs have demanded Rachel Reeves freeze fuel duty amid fears she is about to unleash a crippling 7p-a-litre ...
UK's Reeves expected to scrap 5 pence fuel duty cut next year, FT reports
British finance minister Rachel Reeves is expected to announce the end of a temporary five pence cut in fuel duty from next ...
Desperate Rachel Reeves is about to resort to stealing
It is now apparent that the Chancellor is going to resort to whacking up taxes on what the Left consider to be “unearned ...