The Latest Breaking News from Income Tax

The recent U-turn on cutting the top rate of income tax has shown that even a government willing to “do unpopular things” to grow the UK economy is constrained by the need for public support.

Downing Street refused to rule out retrospective action against senior Tories who revolted over possible benefit cuts and a 45p Income Tax rate cut for the rich

Opposition by some senior British Conservative lawmakers to the decision to abolish the top rate of income tax amounted to a "coup", interior minister Suella Braverman said on Tuesday.

The Prime Minister said she would ‘like to see the higher rate lower’ for the wealthiest.

The Prime Minister said she 'would like to see' the 45p top rate of Income Tax lower - and said only that she wasn't contemplating a future change 'now'

The pound is beginning to rise again after it slumped due to Government plans to scrap income tax cuts for the very richest in society that panicked markets last week

The Scottish Parliament Information Centre sets out possible responses at Scotland's next budget

Kwasi Kwarteng has sought to shrug off the chaos that triggered his astonishing U-turn on income tax cuts for the highest earners as a “little turbulence” as he battled to regain authority. The Chancellor remarked it had been a “tough” day as he told Conservative members in his set-piece conference…

Analyses of the implications of extending income support measures in South Africa, including a basic income grant, have focused on one of three things: how much it will cost, calculations about how much revenue would need to be raised (but without assessing the ripple effects), and how it might affect…