Category : Search result: budget tax rises


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.

Pound crashes to 5-week low after Labour budget

Sterling tumbles to five-week low against US dollar as Chancellor Rachel Reeves's first budget announcement triggers market concerns over UK economic stability and potential tax increases.

Rachel Reeves' budget plans face City scepticism

Labour's shadow chancellor faces mounting pressure as financial markets question her fiscal strategy ahead of the general election. Analysis reveals the challenges facing Britain's next potential government.

Rachel Reeves' Budget: Hidden Tax Rises Looming

Chancellor Rachel Reeves faces mounting pressure as analysis reveals potential tax increases needed to fund Labour's spending pledges. Discover the economic reality behind the political promises.

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 signals tax rises in budget groundwork

Chancellor Rachel Reeves prepares nation for difficult tax decisions in upcoming budget, warning of necessary measures to fund public services and economic stability.

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

UK growth forecast cut as investment plummets

The EY Item Club warns Britain's economic growth prospects are dimming as business investment retreats following tax rises and policy changes, creating a perfect storm for the UK economy.

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.

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.

Starmer refuses to rule out budget tax rises

Prime Minister Keir Starmer has declined to rule out potential tax increases in the upcoming budget, facing intense questioning from former Tory leadership contender Kemi Badenoch during a heated PMQs session.

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 rules out major tax rises in Labour budget

Chancellor Rachel Reeves pledges no significant tax increases in Labour's inaugural budget, focusing instead on economic growth through planning reforms and infrastructure investment.

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.

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