Get all your news in one place.

100’s of premium titles.
One app.

Start reading

Get all your news in one place.

100’s of premium titles. One news app.

Start reading

The Latest Breaking News from Income Tax

Income taxes could be eliminated soon due to tariffs, Trump says

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

Axios

Reeves vows state pensioners won’t have to pay tax despite alarm over Budget changes

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

The Independent UK

The Budget’s stealth tax phenomenon and how much it will cost you

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

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Four claims from the 2025 Budget debate fact checked

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

Evening Standard

Use cash freed up by end of two-child cap to cut income tax, Swinney urged

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

Evening Standard

Starmer says Budget ‘asked everybody to contribute’ to protect public services

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

Evening Standard

Did Rachel Reeves break her manifesto pledge on tax? Her own words suggest she did

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

The Independent UK

Read news from The Economist, FT, and more,
with one subscription

Martin Lewis: Income tax freeze 'breaks spirit of Labour manifesto and 1p rise would be less damaging'

In her Budget on Wednesday, Rachel Reeves announced £26 billion of tax rises

Evening Standard

Reeves’ stealth tax hits low earners harder than ‘sensible’ income tax change, says top think tank

People earning less than £35,000 a year will pay more than if chancellor had raised basic rate by 1p, says Resolution Foundation

The Independent UK

Income tax threshold freeze will hit poorer households harder, experts say

Move will have greater impact on living standards of taxpayers in bottom half of income scale, thinktanks say

The Guardian - UK

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

The Chancellor was facing criticism that she was hitting workers with tax rises to pay for more benefits

Evening Standard

Rachel Reeves insists tax on working people kept at ‘absolute minimum’ at Budget

The Chancellor struck a defiant tone, saying: ‘You’re not going to write my obituary,’ a day after her statement.

Evening Standard

Starmer says budget did not break manifesto tax pledge – as it happened

PM says: ‘We kept to our manifesto in terms of what we’ve promised. But I accept the challenge that we’ve asked everybody to contribute’

The Guardian - UK

'Chilling effect' of Budget briefings cost London jobs, say bosses as Reeves defends her tax and spend plans

They also warned the Chancellor’s measures would have ‘little to no impact on growth in the round’

Evening Standard

Get all your
news in one place.

100’s of premium titles.
One news app.

The Guardian - UK

Has Rachel Reeves broken her manifesto promises with the budget?

Reeves told MPs she had stuck to her pledges. Responding, Kemi Badenoch said the opposite. Who is right?

The Guardian - UK

Budget 2025: what it means for you

How Reeves’s measures on tax, NI and benefits affect single people, couples, families and those receiving pensions in England, Wales and Northern Ireland

The Independent UK

Millions more dragged into paying higher income tax in Reeves’s £26bn Budget squeeze

Chancellor admits ‘I am asking ordinary people to pay a little more’ as she unveils dozens of tax rises, but finally scraps the much-criticised two-child benefit cap

The Independent UK

Brazil’s Lula sanctions an increase in tax exemptions for low-income people

Brazilian President Luiz Inácio Lula da Silva has sanctioned a bill that exempts people earning up to 5,000 reais a month from income taxes

Get all your
news in one place.

100’s of premium titles.
One news app.

The Independent UK

Voices: ‘A kick in the teeth’: Readers say Rachel Reeves’ Budget ‘punishes responsibility’

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

Evening Standard

More than half of London's full-time employees to be clobbered by 40% tax by 2027

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.

The Independent UK

How the Budget will affect you: Winners and losers from Rachel Reeves’ tax rises and new spending

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

Evening Standard

Reeves launches £26 billion tax raid as welfare spending rises

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

Euronews

UK budget raises taxes by £26bn, gaining investor approval after surprise leak

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.

The Guardian - UK

Has Rachel Reeves made the right calls in this budget? Our panel responds

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

Evening Standard

Taxes hiked to ‘all-time high’ by Reeves as growth forecasts cut

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

1 … 4 5 6 7

People

Luiz Inácio Lula da Silva

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the Scottish Government

3,399 stories

Sky News

2,811 stories

Office for National Statistics

Resolution Foundation

The Resolution Foundation

242 stories

AJ Bell

132 stories

the Office for Budget Responsibility

119 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.