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Income Tax

  • Planning your personal finances in 2026 and beyond

    December 9, 2025

    Partner content, in association with JP Morgan Personal Investing. By Claire Exley, head of financial advice and guidance at J.P. Morgan Personal Investing In the run-up, the 2025 Budget was probably one of the most talked about in recent years. The telltale sign is when friends who don’t usually show much interest are suddenly asking [...]

  • Majority of young voters consider leaving London due to cost of living

    December 3, 2025

    A majority of young Londoners have considered leaving the capital due to the high cost of living, with one in four actively looking into moving, according to a new survey. Just under half – 47 per cent – of all Londoners have thought about moving out of the capital, with that figure rising to 54 [...]

  • Reeves isn’t ‘underestimated’, she’s doing a bad job and should resign

    December 1, 2025

    Rachel Reeves has no mandate for taking money from taxpayers to hand to benefits claimants and her self-pitying defences are an insult to the people who are paying for her weakness, writes Alys Denby Rachel Reeves’ position has been untenable from the start. Her promises, during the election, that she would “end austerity” (increase public [...]

  • OBR warns higher taxes could hit growth ‘by more than expected’

    November 29, 2025

    Chancellor Rachel Reeves has been warned that increasing the tax burden could leave the Office for Budget Responsibility (OBR)’s key forecasts on shakier ground as it becomes harder to predict how measures hamper growth.  In the small print of its Budget report, the fiscal watchdog said increasing the tax take could lead to unforeseen consequences [...]

  • Business leaders fear more tax rises are on the way

    November 28, 2025

    Businesses leaders are bracing for more tax rises even following another hefty cash raid from Rachel Reeves in her second Autumn Budget. Over two thirds of top bosses have said they fear business leaders will be targeted with more tax hikes even after the Chancellor raised taxes to the tune of £26bn on Wednesday. A [...]

  • ‘Fiscal fiction’: IFS challenges Reeves’ tax measures

    November 27, 2025

    The Chancellor may need to come back for more tax rises at a future Budget, according to the Institute for Fiscal Studies (IFS) which warned much of the headroom Rachel Reeves carved out for herself relied on “near heroic restraint” on departmental spending in an election year. Helen Miller, the think tank’s director, said that [...]

  • How will the Budget impact your personal finances?

    November 27, 2025

    It’s the day after Rachel Reeves’ crunch Budget, and while the Office of Budget Responsibility leak may be the main talking point, after months of speculation we finally know how personal finances will be impacted. As expected, Reeves extended income tax freezes and introduced a range of smaller taxes, in moves that are expected to [...]

  • Thanks to Reeves, our economy is now a 20 mile per hour zone

    November 27, 2025

    If, on Wednesday morning, you’d asked me how this entire Budget process could ever get more chaotic and absurd I might have said “I suppose the entire thing could leak, before the Chancellor delivers it.” Then again, I probably wouldn’t have suggested such an implausible scenario. But at 11.44am yesterday morning, just ten minutes before [...]

  • UK remains in ‘weak fiscal position’ after Budget

    November 27, 2025

    The UK remains in a weak fiscal position after Wednesday’s Budget despite the Chancellor launching an historic fiscal consolidation in an attempt to shore up the public finances and avoid another tax raising budget, several top economists have warned. Rachel Reeves chose to hike taxes by £26bn via a vast combination of sector-specific levies, pension [...]

  • ‘Spend now, pay later’ – Reeves drags a million more Brits into higher rate tax

    November 26, 2025

    Nearly a million more people will be dragged into paying the higher rate of income tax as Rachel Reeves took the UK’s tax burden to an all-time high. In a Budget that aims to raise some £26bn in extra government revenue by the end of parliament, Reeves extended the income tax thresholds freeze, which economists [...]

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