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Rachel Reeves 'to freeze income tax thresholds'
How Rachel Reeves's Budget tax grab could hit your investments - and what to do to ensure your money escapes the net
Investors were always going to face higher taxes in Labour's Budget. Here's what we know so far - what it could mean for your portfolio in a best-case scenario, and if Rachel Reeves pulls no punches.
Chancellor Rachel Reeves 'considering income tax threshold squeeze' in Budget
Income tax thresholds usually rise in line with inflation but the-then Chancellor Rishi Sunak imposed a freeze in 2021 to claw back cash after the Covid pandemic
Rachel Reeves expected to prolong personal tax threshold freeze beyond 2028
UK chancellor Rachel Reeves is expected to prolong a freeze on personal tax thresholds beyond 2028 in a “stealth” tax move that could raise £7bn a year and help plug a £40bn fiscal shortfall. Government officials said Reeves was looking to lengthen the freeze — announced in 2021 under the Conservatives but due to expire in 2028 — in what will be seen as a covert rise in income tax.
11h
Rachel Reeves plotting 'biggest tax raid in history', warns Andrew Neil
Veteran broadcaster Andrew Neil has issued a stark warning to the British public, predicting the "biggest tax raid in history ...
Opinion
18h
on MSN
Opinion
Rachel Reeves’s spiteful Budget will impoverish the nation
As Rachel Reeves prepares for her first Budget with every passing day, another wheel seems to come off her revenue-raising ...
6h
Rachel Reeves is risking a ‘bonfire of jobs’ as she plots massive tax rises, businesses and MPs warn
RACHEL Reeves is risking a “bonfire of jobs” by hitting Britain with one of the biggest tax-hiking Budgets in history, ...
17h
Rachel Reeves to unleash triple tax raid - and state pensioners won't escape
Labour’s manifesto pledged not to raise income tax rates. Last year, Ms Reeves appeared to agree, saying: “People on average ...
1d
on MSN
Desperate Rachel Reeves is about to resort to stealing
It is now apparent that the Chancellor is going to resort to whacking up taxes on what the Left consider to be “unearned ...
Opinion
13h
Opinion
Please, Rachel Reeves – the last thing we need is yet another wine tax
I don’t know about you, but everytime I do the “big shop”, the amount I spend seems to go up – but the number of goods in my ...
6h
Chancellor Rachel Reeves faces '£9billion NHS black hole' as Budget looms
Government insiders have warned that without extra funding at the Budget the NHS funding gap would see millions of patients' ...
17h
Rachel Reeves Budget plan could see one million workers facing pay cut
ONE MILLION workers could be set for a pay cut under Rachel Reeves’ budget “painful” budget plan. The Chancellor could extend ...
1d
on MSN
Rachel Reeves ‘set to raise fuel duty next year’ as Tory MPs demand freeze
Sources briefed on the chancellor’s thinking told The Financial Times that they believe the cut will take effect from next ...
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inheritance tax
Budget
United Kingdom
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