Rachel Reeves urged to hike income tax to 50p on the pound

Labour can raise income tax and still win next election, says Nicola Sturgeon

LABOUR could still win the next election if they raise income tax and effectively explain why, Nicola Sturgeon has stated, referring to herself as…

Rachel Reeves urged to raise income tax by 10p for top earners to plug black hole

Leading economists have urged Chancellor Rachel Reeves to raise income tax rates across all income bands, arguing that sweeping rises are needed to tackle Britain’s worsening fiscal situation

Rachel Reeves urged to hike income tax to 50p on the pound

Economists suggest that filling the black hole in Britain's finances may need to come from hiking the higher rate of income tax.

Taxing Questions: Rental Income • Resolution Foundation

This article was originally published on 25th October in Taxing Questions: How Labour can raise the revenue we need edited by Joe Dromey and Iggy Wood for Fabian Society. Rental Income As Jeremy Hunt said in 2024, there is an unfair double tax on work. Take-home pay is reduced not just by income tax, but by national insurance too – the latter on both the employee and employer side. Landlords, however, only pay income tax on their rental income. …

Labour risks breaking tax pledge as Rachel Reeves targets higher earners in autumn Budget

Chancellor Rachel Reeves has signalled that her 26 November Budget will ask more Britons to shoulder the burden of repairing the nation’s public finances — even if that means breaking Labour’s manifesto pledge not to raise income tax. In a speech this week, Reeves warned that “hard choices” were unavoidable if Britain was to protect the NHS, reduce national debt and keep inflation under control. Her language marked a shift from earlier assurance…