Stealth taxes hit workers as pensioners gain, says CPS
Chancellor Rachel Reeves's frozen tax thresholds will leave a £50k earner £505 worse off by 2031, while pensioners gain £306. Read the full analysis of this 'fiscal drag'.
Chancellor Rachel Reeves's frozen tax thresholds will leave a £50k earner £505 worse off by 2031, while pensioners gain £306. Read the full analysis of this 'fiscal drag'.
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.
A new analysis reveals Labour's frozen tax thresholds will make a typical worker £505 worse off by 2030-31, while pensioners gain. Discover the full impact of fiscal drag.
Unite leader Sharon Graham accuses Labour of breaking promises and taxing workers instead of the super-rich. She demands a wealth tax and public energy ownership to fund public services.
Chancellor Rachel Reeves extends tax threshold freeze to 2031, costing average workers £1,330 annually through fiscal drag. Discover how this stealth tax impacts you.
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.
Chancellor Rachel Reeves faces backlash after unveiling £30bn tax increases and benefit boosts. Business owners, professionals and farmers reveal how new measures impact them.
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.
Rachel Reeves' Budget scraps the two-child benefit limit, lifting 500,000 children from poverty, while a nine-year income tax freeze becomes a £67bn 'stealth tax'. Discover the full analysis.
Rachel Reeves' Budget faces a furious backlash for 'punishing responsibility' with stealth taxes on workers and savers while scrapping the two-child benefit cap. Readers call it a 'kick in the teeth'.
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.
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.
Chancellor Rachel Reeves faces criticism over expected income tax threshold freeze, breaking previous promises not to raise taxes on working people. Analysis reveals impact.
Chancellor Rachel Reeves faces business backlash over minimum wage increases and wealth taxes in her make-or-break Budget. Will her cost-of-living measures balance the books?
Chancellor Rachel Reeves' first Budget brings tax changes, pension impacts, and cost-of-living measures. Discover how the 15 key announcements affect your wallet.
Chancellor Rachel Reeves spared banks from higher taxes and asked for public endorsements of her Budget. Shares in major lenders rose as the political strategy unfolded.
Sir Keir Starmer refuses to rule out extending income tax threshold freezes, a 'stealth' move that could see millions pay more. Learn how fiscal drag impacts your wallet.
Chancellor Rachel Reeves accused of breaking manifesto pledges with frozen tax thresholds, potentially dragging 1.75 million into higher rates. Experts warn of £8-9bn tax rise.
CBI boss Rain Newton-Smith urges Chancellor Rachel Reeves to make tough choices on welfare rather than hitting businesses with multiple tax rises in Wednesday's Budget.
Chancellor Rachel Reeves is set to unveil a new mansion tax on 100,000 of Britain's most expensive properties in her Budget. Discover the full details of the new wealth taxes.
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.
Rachel Reeves plans a left-leaning Budget with new wealth taxes and an end to the two-child benefit cap to address a spending deficit and avert a Labour leadership challenge.
Chancellor Rachel Reeves is set to scrap the two-child benefit cap and introduce new wealth taxes in the Budget, aiming to appease Labour rebels and prevent a leadership challenge.
PM Keir Starmer insists politicians must 'stick to their word' as he faces intense questioning on potential stealth taxes ahead of next week's crucial Budget. Full details on the cost of living focus.
Keir Starmer pledges a 'Labour values' Budget focused on fairness, NHS protection, and a new £1m taskforce to tackle illegal working and reduce migration pull factors.
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.
Keir Starmer refuses to rule out extending the income tax threshold freeze in next week's Budget, sparking a fiery PMQs exchange. Will Labour break its manifesto promise?
Rachel Reeves' plan to extend the income tax threshold freeze will leave working families over £1,000 worse off, breaking a key manifesto pledge. Discover the full impact.
Chancellor Rachel Reeves extends tax threshold freeze, dragging millions into higher brackets. Full state pension becomes taxable as Treasury seeks £8bn annually. Discover the impact.
Chancellor Rachel Reeves appears set to abandon manifesto pledge for income tax rise in favour of stealth taxes, raising questions about Labour's tax reform ambitions.