Tony Wickenden: There May Be Trouble (Well, Taxation) Ahead

Tony Wickenden: There may be trouble (well, taxation) ahead

Here’s a question you may have heard from clients recently: “Will there be more increases in taxation in the next Autumn Budget?” After the past few weeks, if you weren’t already thinking probably, you almost certainly are now.

Income Tax won’t rise according to Treasury minister – but could a further freeze be on the way?

With speculation increasing and showing no signs of slowing down surrounding the potential for Rachel Reeves’ Autumn Budget to increase taxes, one Treasury Minister has spoken today, suggesting the ‘headline’ rate of income tax will not increase later this year. While mainly discussing Rachel Reeves’ ‘£500 million better future funds’ pledge, Chief Secretary to the Treasury, Darren Jones was pushed on details about the upcoming Autumn Budget inc…