Category : Search result: Labour tax plan


2024 Income Tax Shock: How Much More You Pay

Millions of UK workers face higher income tax bills from April 2024 as frozen thresholds drag more earners into higher brackets. Our comprehensive guide reveals exactly how much extra you'll pay.

Labour's £60BN Tax Hit for Middle-Class Britain

Exclusive analysis reveals Labour's planned tax reforms could cost middle-class households billions, with higher-rate taxpayers and pension savers facing the biggest financial hit.

Labour rules out wealth tax under Rachel Reeves

Shadow Chancellor Rachel Reeves has definitively rejected implementing a wealth tax if Labour wins power, ruling out new taxes on property, pensions, or higher earners in a major pre-budget announcement.

Reeves Announces Tax Rises in First Labour Budget

Chancellor Rachel Reeves announces sweeping tax increases on private schools, vaping, and non-doms in her debut Budget, warning of 'tough decisions' to fix Britain's economic challenges.

Reeves rules out tax rises in autumn budget

Chancellor Rachel Reeves declares key taxes won't increase in autumn budget, putting wealth, income and corporation tax hikes firmly off limits despite fiscal challenges.

Reeves plans 'death tax' hikes and stealth Budget levies

Chancellor Rachel Reeves is preparing a blizzard of tax increases targeting wealthy estates and middle earners, with inheritance tax reforms and capital gains adjustments on the table. Meanwhile, horse racing escapes gambling reforms in what critics call

Reeves Declares War on Tax Dodgers with New Charge

Shadow Chancellor Rachel Reeves unveils bold plan to target non-doms and private equity with new tax measures to fund public services, as Labour positions itself as party of fiscal responsibility.

HMRC cracks down on side hustle tax evasion

BBC money expert reveals HMRC's new powers to track your side income from online platforms. Discover what you need to declare and how to avoid penalties in our essential guide.

Reeves: No income tax rise in Labour budget

Shadow Chancellor Rachel Reeves makes bold pledge to freeze income tax rates, national insurance, and VAT in Labour's first budget, positioning party as pro-economic stability.

2024 Income Tax Changes: What You'll Really Pay

Millions of UK workers face significant income tax changes from April 2024. Our comprehensive guide breaks down exactly how the new tax rates and thresholds will impact your take-home pay.

Labour plans pension tax relief overhaul

Exclusive: Labour considers radical pension tax relief reforms that could end the 25% tax-free withdrawal and reshape retirement planning for millions of Britons.

Scots Face £6,500 Council Tax Hike in SNP Overhaul

Homeowners across Scotland brace for financial blow as SNP government plans radical council tax overhaul that could see bills increase by up to £6,500 annually under controversial new property valuation system.

Labour's Mansion Tax Targets Wealthy Property Owners

Shadow Chancellor Rachel Reeves announces Labour's mansion tax proposal targeting properties over £2-3 million to generate billions for NHS and social care, sparking political debate ahead of potential election.

Reeves declares war on wealthy tax dodgers

Shadow Chancellor Rachel Reeves vows to target Britain's wealthiest tax evaders in radical HMRC overhaul, promising to recover £700m for public services while ruling out wealth tax for those paying their fair share.

Why the Mansion Tax Would Damage Britain's Economy

Ruth Sunderland delivers a blistering critique of Labour's proposed mansion tax, arguing it represents a misguided assault on aspiration that could damage the UK economy and housing market.

Why Labour must tax wealth, not just income

As Labour prepares for government, experts argue that taxing wealth through mansion levies and council tax reforms could be the key to solving Britain's fiscal crisis without punishing ordinary workers.

ATO enlists debt collectors for tax recovery

The Australian Taxation Office has escalated its debt recovery efforts by hiring private debt collectors to pursue billions in outstanding taxes. Learn how this affects taxpayers and what you need to know.

Labour may break tax pledge over £30bn shortfall

Exclusive: Shadow Chancellor Rachel Reeves faces difficult choices as Labour considers abandoning income tax pledge amid £30 billion fiscal shortfall, raising questions about party's economic credibility.

Reeves targets lawyers, accountants and doctors in budget

Chancellor Rachel Reeves is preparing to target lawyers, accountants, and doctors in her upcoming budget with new tax measures aimed at high-earning professionals. Discover how these changes could affect Britain's top earners.

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