Chancellor Rachel Reeves Expected to Increase Tax in Autumn Budget Despite Election Promise

Reeves poised to raise income tax saying ‘each must do their bit’

Millions of workers are likely to be asked to pay higher taxes in this month’s Budget after Chancellor Rachel Reeves signalled she is considering hiking the basic rate of income tax during an unusual pre-Budget speech. The Chancellor refused to recommit to Labour’s election manifesto promises not to raise income tax, national insurance (NI) or VAT and warned voters “we will all have to contribute” to plugging the black hole in the nation’s finan…

Chancellor Rachel Reeves expected to increase tax in autumn Budget despite election promise

The Labour Chancellor has warned Brits that "each of us must do our bit" in tax rise tease

Chancellor refuses to rule out hiking tax in Budget

Chancellor breaks cover to set out Budget priorities in unusual move

'Each of us must do our bit': Reeves repeatedly refuses to rule out income tax rise

Rachel Reeves has repeatedly refused to rule out increasing income tax, opening the door to breaking a key Labour manifesto pledge.

How to shield your money as Reeves refuses to rule out income tax hikes and warns of ‘necessary choices’

Chancellor Rachel Reeves appeared to lay the groundwork for higher taxes in the Autumn Budget on Tuesday morning and refused to stand by her manifesto pledge not to increase income tax.

UK chancellor lays groundwork for tax rises in Budget

The UK chancellor laid the groundwork for tax hikes in a surprise pre-Budget speech this morning, and refused to rule out breaking Labour's manifesto pledge on income tax, National Insurance and VAT rises. Rachel Reeves said she will “make the choices necessary to deliver strong foundations for our economy” in the upcoming Autumn Budget, her second Budget as chancellor, as part of a gloomy speech about the state of the UK's public finances. “Whe…