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Budget 2025: Reeves set to drop tax hikes in favour of threshold freezes - what will it mean for your money?

Extending the freeze on income tax thresholds is projected to raise about £8 billion annually, increasing the tax burden for millions without raising rates.

Summary by Northern Ireland World
Millions may face higher bills as frozen tax bands quietly push more income into taxation 💸

9 Articles

The Scarborough NewsThe Scarborough News
+7 Reposted by 7 other sources
Center

Budget 2025: Reeves set to drop tax hikes in favour of threshold freezes - what will it mean for your money?

Millions may face higher bills as frozen tax bands quietly push more income into taxation 💸

·United Kingdom
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LincolnshireWorldLincolnshireWorld
Center

Reeves drops tax hike - but millions set to pay more even without a rate increase

Millions may face higher bills as frozen tax bands quietly push more income into taxation 💸

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Northern Ireland World broke the news in on Monday, November 17, 2025.
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