Higher Tax Rate Looms for Most Scottish Workers by 2029
New analysis forecasts the average Scottish salary will breach the higher tax threshold by 2029, sparking a political row over SNP and Labour fiscal policies. Read the full details.
Category : Search result: income tax rise
Poll: Most Americans Lack Basic Tax Literacy
A 2024 survey reveals a widespread lack of tax understanding in the US, with serious financial consequences. Experts call for urgent education reform.
Labour's 'Stealth Tax' to Make Workers £505 Poorer by 2030
A new report reveals how fiscal drag under Labour's tax policy will erode workers' incomes by 2030, while pensioners and benefit claimants see gains. Discover the hidden impact.
HMRC Confirms Dates for Major UK Tax Changes
HMRC has outlined when major tax changes from the Autumn Budget will take effect, impacting savings, pensions, and property income. Discover the key dates and how they affect you.
IRS 2026 Tax Brackets: Key Changes Explained
The IRS has announced new federal income tax brackets and standard deductions for 2026. Experts reveal how these inflation adjustments will impact your tax bill when you file in 2027.
Reeves: Wealthy Must Pay to Fix UK's 'Creaky' Services
Chancellor Rachel Reeves defends her £26bn tax rise budget, insisting the wealthiest bear the burden for rebuilding public services. Get the full story on the fiscal fallout.
Council Tax to Rise 5%: How to Cut Costs
Millions face a 5% council tax hike next year, adding £114 to typical bills. Discover actionable ways to reduce your payments and challenge your band.
Tax freeze hits low earners harder than rate rise
Resolution Foundation analysis reveals Rachel Reeves's income tax threshold freeze will disproportionately impact poorer households. Discover how this budget decision affects UK taxpayers.
Tax Threshold Freeze Extended to 2031 - £759 Extra Bill
Chancellor Rachel Reeves extends income tax freeze until 2031, creating £7.6bn stealth tax. Poorest workers face £759 extra annually as fiscal drag hits 1.7 million.
Reeves defends £30bn Budget tax rise as 'minimum'
Chancellor Rachel Reeves insists her £30bn Budget tax increase is the 'absolute minimum' despite Treasury watchdog identifying only £6bn shortfall. Read the full analysis.
Richmond reacts to £2m 'mansion tax' rise
Homeowners in affluent Richmond, London, give mixed reception to Rachel Reeves's council tax surcharge on properties valued over £2m. Discover the local impact and market reactions.
1 Million More Pensioners Hit by Income Tax Freeze
Chancellor Rachel Reeves extends income tax threshold freeze to 2031, dragging over a million pensioners into the tax net. Discover the full impact on retirees and working people.
Scottish families face double tax threat from SNP
Scots could face additional tax hikes as SNP ministers refuse to rule out following Rachel Reeves' threshold freeze. Learn how this affects Scottish households.
Reeves' £26bn Budget: Tax Rises Hit Millions
Chancellor Rachel Reeves unveils 43 tax rises in her second Budget, dragging millions into higher tax bands while scrapping the two-child benefit cap. Discover the full impact.
Reeves hikes property, savings and dividend taxes
Chancellor Rachel Reeves announces a 2% tax rise on property, savings and dividend income in her second Budget, targeting fairness. Discover the full details.
Income Tax Threshold Freeze Extended Until 2031
The UK government has extended the freeze on income tax thresholds to 2031. Discover how this fiscal drag will impact taxpayers and your take-home pay.
Reeves extends tax freeze, hitting millions of Britons
Chancellor Rachel Reeves extends tax threshold freeze until 2030-31, dragging 5.2M more into income tax. Discover how this stealth raid impacts your finances and why it breaks manifesto promises.
Stealth Tax: Threshold Freeze Extended to 2030
Chancellor Rachel Reeves extends the income tax threshold freeze until 2030, a 'stealth tax' pulling millions into higher brackets. Discover how this affects your finances.
Reeves criticised for 'stealth tax' budget measures
Chancellor Rachel Reeves faces criticism over expected income tax threshold freeze, breaking previous promises not to raise taxes on working people. Analysis reveals impact.
1.3m to pay higher tax rate after Reeves Budget
New analysis reveals 1.3 million more Brits will pay 40% income tax as Rachel Reeves freezes thresholds, while pensioners get £550 rise. Read the full Budget impact.
Reeves' Budget: Cost of Living Help and Tax Rises
Chancellor Rachel Reeves promises to tackle the cost of living crisis in her autumn budget, unveiling a multibillion-pound tax package. Discover the key measures and political reactions.
Starmer refuses to rule out income tax threshold freeze
Sir Keir Starmer refuses to comment on freezing income tax thresholds, a move that could raise billions through fiscal drag. Discover how this stealth tax affects you.
Reeves Plans New Property Tax After U-turn
Chancellor Rachel Reeves is set to introduce a new levy on high-value homes and extend income tax threshold freezes in the November Budget. Discover the full details and economic impact.
New HMRC Tax Rules for Self-Employed in 2026
Self-employed workers and landlords earning over £50,000 must prepare for HMRC's Making Tax Digital for Income Tax, requiring quarterly digital updates from April 2026. Learn how to adapt.
Reeves' Budget U-Turn Divides Public Opinion
Chancellor Rachel Reeves abandons income tax rise plans, sparking heated debate over Labour's economic credibility and Budget uncertainty ahead of November announcement.
Reeves Plans £20-30bn Tax Rise in November Budget
Chancellor Rachel Reeves abandons income tax rise but targets £20-30bn through threshold freezes, EV charges & gambling taxes. Full budget breakdown inside.
Tax threshold freeze to cost middle earners £843
Experts warn extending the income tax threshold freeze could add £843 to bills for middle earners over four years through fiscal drag. Discover the impact of the upcoming Budget.
Reeves Drops Plan to Break Labour Tax Pledge
Chancellor Rachel Reeves has scrapped her plan to break Labour's manifesto pledge and raise income tax in the upcoming Budget, following internal party pressure. Discover the full story behind this dramatic U-turn.
Scottish Government performs dramatic tax U-turn
Deputy First Minister John Swinney abandons key election pledge as Scottish Government announces income tax increases in major policy reversal, breaking SNP manifesto commitment.
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.
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