The Latest Breaking News from Income Tax

YOUR VIEWS: Our community overwhelmingly feel the Budget prioritises Labour’s political goals over public needs, hitting already-squeezed taxpayers with steep rises while offering little confidence in meaningful economic improvement

More than half of London’s full-time employees will be paying higher rate 40% income tax on their salaries by the time of the next election, analysis by the Standard has revealed.

Business owners, landlords and EV drivers were hit in the chancellor’s Budget

Chancellor Rachel Reeves’s announcements will leave 1.7 million people paying more income tax.

Britain's Chancellor of the Exchequer Rachel Reeves announced tax-raising measures, including new duties on high-value properties, dividends, and savings, in the state budget presented on Wednesday.

After a tumultuous run-up to a make-or-break moment for the government, has the chancellor struck the right balance?

More than 1.7 million people will face paying more income tax under the Chancellor’s plans.

The freeze on income tax thresholds has been extended until the 2030-2031 tax year for taxpayers in England, Wales, and Northern Ireland. This extension is projected to raise £7.6 billion in revenue by 2030 and will lead to an increase in the number of UK taxpayers. The policy relies on…

The chancellor has unveiled £26bn worth of tax rises in the Commons as she attempts to plug a multi-billion pound gap in Britain’s ailing public finances

It means the current income tax bands will stay as they are until at least April 2031, for taxpayers in England, Wales and Northern Ireland.

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