Category: Income tax

Andy Burnham urged to scrap income tax and NI in radical fiscal overhaul

Economists including Jim O’Neill write open letter calling for single levy to replace six key taxes to raise money for public servicesUK politics live – latest updatesProminent economists including Jim O’Neill,...

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Dubai’s potent lure: the reality behind the real-estate frenzy

Bankers and billionaires are flocking to the city where income tax is zero but critics say it ignores money laundering – and pay disparities are huge Business live – latest updatesAidan Doyle was an estate agent in...

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‘Struggling to pay the bills’: Britons under pressure react to budget 2025

As they struggle with the cost of living, people weigh up whether Rachel Reeves’s measures will help themWhat the budget means for people on a range of incomesBudget calculator: find out if you are better or worse offFor...

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Budget 2025: Reeves claims freezing tax thresholds in budget does not breach manifesto pledge – as it happened

Chancellor says she will not ‘get into semantics’ when questioned on issue after her statementAt a glance: the key points from the budgetHow does freezing income tax thresholds affect you?Paul Nowak, the TUC general...

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Budget 2025 live: Reeves claims freezing tax thresholds in budget does not breach manifesto pledge

Chancellor says she will not ‘get into semantics’ when questioned on issue after her statementAt a glance: the key points from the budgetHow does freezing income tax thresholds affect you?Paul Nowak, the TUC general...

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Budget 2025 live: Reeves scraps two-child benefit cap and confirms mansion tax as OBR apologises for leaking details

Office for Budget Responsibility blames ‘technical error’ after forecasts were published ahead of budgetAt a glance: the key points from the budgetHow does freezing income tax thresholds affect you?Paul Nowak, the...

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Budget 2025 live: Rachel Reeves sets out tax rises and council changes as OBR apologises for leaking details

Office for Budget Responsibility blames ‘technical error’ after forecasts were published before chancellor gave her statementAt a glance: the key points from the budgetPaul Nowak, the TUC general secretary, has...

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Budget 2025 live: Rachel Reeves to set out tax and spending changes

Chancellor to deliver fiscal statement, billed as decisive moment for fate of Starmer government, at 12.30pmTax, pensions, savings: what to expect in the budgetReeves’s high-stakes budget in five key chartsCould you do...

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Treasury won’t cut threshold for higher rate income tax, say sources – UK politics live

Fallout continues over budget income tax U-turn, with Treasury saying expected fiscal gap has dropped to £20bnThis is from Helen Miller, director of the Institute for Fiscal Studies thinktank, on the market reaction to the...

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