Category : Search result: income tax freeze


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.

Swinney rules out Scottish income tax increases

SNP leader John Swinney makes significant commitment to Scottish taxpayers, pledging no further income tax increases while challenging Labour's economic plans ahead of Westminster election.

Arctic Blast: Freeze Warning for Texas, Colorado, Kansas, Oklahoma

A severe cold front is sweeping across America's heartland, with potentially damaging frost conditions expected overnight across multiple states. Meteorologists warn of plummeting temperatures that could threaten crops and require urgent protective measur

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.

Reeves Confronts £50bn Fiscal Black Hole

New Chancellor Rachel Reeves inherits a staggering £50 billion budget shortfall, with experts warning of potential income tax and VAT increases to fill the Treasury void.

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.

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.

HMRC Can Change Your Tax Code Without Warning

Millions of UK taxpayers face unexpected tax code adjustments as HMRC uses real-time data to modify PAYE deductions. Discover how this affects your pay packet and what you can do about it.

Britain's stealth tax crisis demands urgent reform

As income tax thresholds remain frozen, millions face stealth tax rises while public services crumble. Explore why experts argue the current system is unsustainable and what fair alternatives could revitalise Britain's social infrastructure.

Tax threshold freeze could raise £12bn, hitting millions

A leading thinktank reveals extending the income tax threshold freeze until 2028 could generate £12bn for the Treasury while hitting workers with stealth tax rises as inflation pushes salaries into higher brackets.

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.

Labour's £10bn Middle-Class Tax Raid Revealed

Exclusive analysis reveals Labour's shadow chancellor Rachel Reeves is planning a massive middle-class tax raid targeting pensions, investments, and property wealth to fund government spending.

HMRC Car Tax Blunder: Claim Your Refund Now

Shocking HMRC error sees thousands of drivers overpaying car tax due to incorrect vehicle classification. Our guide reveals how to check if you're affected and claim your refund.

Australian 'Death Tax' Proposal Sparks Boomer Backlash

A controversial new inheritance tax proposal in Australia has ignited fierce debate, with older generations pushing back against what they're calling a 'death tax' that would redistribute wealth from estates to younger Australians.

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