Rachel Reeves could soon hike income tax rates, experts warn
The National Institute of Economic and Social Research (NIESR) has revealed that Reeves’s £9.9 billion fiscal headroom has ...
Income tax threshold raise update as petition passes huge barrier
A surge in support to end the freeze and raise the lowest rate from £12,570 to £20,000 will be considered for a Westminster ...
Labour’s high-tax Britain on the brink of generational decline
Rachel Reeves has been warned high taxes make people less likely to have children and stymie economic growth ...
Mint13d
Budget 2025: 4 countries with highest income tax rates
In Budget 2023 ... £125K in the UK are subject to the highest rate of 45%. The tax rates in Scotland are higher, starting at 19% for earnings above £12,571 and 48% on income exceeding £125,140 ...
New Income Tax Bill 2025 LIVE Updates: FM Nirmala Sitharaman introduced new I-T Bill in Lok Sabha
New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...
Business Matters1d
Reeves faces tough choices as fiscal headroom vanishes, raising tax hike fears
Chancellor Rachel Reeves has exhausted the UK’s £9.9bn borrowing buffer, with economists warning she may be forced to raise ...
Reeves has ‘wiped out headroom and may be forced to raise income tax’
Rachel Reeves has wiped out the £9.9bn headroom she left herself to borrow and may be forced to raise income tax to cover the ...