Ms Reeves’ announcements increase spending every year, with the cost amounting to £11 billion in 2029/30 “primarily to pay ...
The OBR said the freeze in tax thresholds would result in 780,000 more basic-rate, 920,000 more higher-rate and 4,000 more additional-rate income tax payers in 2029/30, and estimated it will raise ...
Rachel Reeves’ statement to Parliament on Wednesday (November 26) included a mix of tax hikes and threshold freezes affecting businesses. The move is a bid by the Chancellor to plug the black hole in ...
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