UK households face tax rise of £3,500 a year by next election, finds IFS

Rishi Sunak and Boris Johnson have overseen largest tax rises since Second World War

The lack of tax cuts from the Conservative government has left swathes of the party angry, as they believe reducing tariffs is a key part of the party's philosophy.

UK households face tax rise of £3,500 a year by next election, finds IFS

Thinktank says Tories have overseen the biggest increase in taxes during a parliament since records began in 1951

UK facing permanent higher taxes, IFS think tank says

A study says taxes will reach 37% of national income by next election - the highest since 1948.

Tax burden to rise by more this parliament than any other during peacetime, IFS says

NHS spending, an ageing population, and the reversal of austerity era policies lie behind increases

UK households shoulder 3,500 pound tax hit – IFS

LONDON (Reuters) - British households are on course to spend 3,500 pounds ($4,270) more a year in tax than they would have without the big tax increases introduced over the current parliament, a leading think tank said on Friday. Taxes are likely to amount to 37% of national income when voters go the polls in the next election which is expected in 2024, up from around 33% in 2019 when the Conservative Party won the last election under its th…

UK households shoulder 3,500 pound tax hit

British households are on course to spend 3,500 pounds ($4,270) more a year in tax than they would have without the big tax increases introduced over the current parliament, a leading think tank said on Friday.