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Evening Standard
Evening Standard
Politics
Nicholas Cecil

Tax rises: Freeze on income tax thresholds for millions left on table by Treasury minister Darren Jones

Darren Jones Income Tax Andrew Bailey Rachel Reeves Bank of England National Insurance
Chancellor Rachel Reeves who is expected to announce tax rises later this year - (PA Wire)

Treasury minister Darren Jones left open the prospect of freezing the thresholds for paying income tax beyond 2028 as the Government scrambles to balance the public finances.

He stressed that the policy as of “today” was not to extend the freeze as pledged by Chancellor Rachel Reeves in the Budget last year.

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