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Evening Standard
Evening Standard
Politics
Nicholas Cecil

Revealed: £600-a-year average income tax rise for millions with London hardest hit in Reeves Budget

Rachel Reeves Budget London Income Tax south east OBR

Hundreds of thousands of people in London and the South East will be dragged into paying the higher rate of income tax after Rachel Reeves’ Budget.

The Chancellor announced £26 billion of tax rises with the biggest money raiser being a further three-year freeze on the thresholds for paying income tax.

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