Search results
Results from the WOW.Com Content Network
The chancellor also confirmed Labour will cut the earnings threshold at which employers start paying this levy from £9,000 to £5,000. ... capital gains tax (CGT) will increase to 18 per cent on ...
In 2019, the Conservatives also pledged not to increase tax "rates" - and went on to freeze tax thresholds. At the time, this was denounced by the Labour opposition as a "stealth tax".
Changes to employer NICs include a 1.2 percentage point rate increase, a reduction in the threshold at which employers begin paying NICs from £9,100 to £5,000 a year and an increase in the ...
In the weeks before the Budget, a cross-party alliance of 30 MPs and peers called for a tax on “extreme wealth”. In a letter to the chancellor, they demand a new 2 per cent tax on assets worth ...
The interventions followed new reports that Ms Reeves also intends to raise an extra £1 billion by lowering the thresholds on inheritance tax in what will be seen as a tax raid on the middle classes.
The row centres on income tax thresholds, ... as part of her drive to raise £40bn and plug a hole in the public finances. ... Labour now want to hike taxes on working people’s incomes too. You ...
The current Labour government has decided not to extend the Conservatives’ income tax freezes, which means that salary thresholds for different levels of taxation will be adjusted from 2028-29.
Chancellor Rachel Reeves has told the BBC that she hopes Labour's first Budget since taking power, which includes massive tax increases, would be a one-off. "This is not the sort of Budget we ...