The Latest Breaking News from Income Tax

New York’s mayor-elect, Zohran Mamdani, campaigned on a promise to raise the city’s income tax on its richest residents from 3.9% to 5.9%. Combined with the state income tax, which is 10.9% for the top bracket, the increase would cement the city’s position as having the highest taxes on top…

The Chancellor is facing calls to resign over misleading the public and Cabinet minister over the state of Britain’s finances

The government's individual income tax revenue last fiscal year was nearly 14 times its tariff revenue.

Chancellor says Treasury won’t go after ‘tiny amounts of money’ and pledges they won’t pay any tax in this parliament

Even when taxes don’t rise, your payments might as a result of what’s called fiscal drag

Full Fact takes a look at claims about tax thresholds, NHS appointments, unemployment and house building.

But the Scottish First Minster said he will instead use the £155 million to further act to reduce child poverty in Scotland.

The Prime Minister rejected claims the scrapping of the two-child cap had been announced to shore up his own position.

BUDGET ANALYSIS: The chancellor is using semantics to argue she has not broken her pledge – which will be of little comfort to those whose income tax bill will soar, writes David Maddox