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  1. May 26, 2024 · Labour's Rachel Reeves rules out increasing income tax or NI. Labour has said there will be no rises in income tax or National Insurance if it wins the general election - but some spending cuts ...

  2. Jun 5, 2024 · Carl Emmerson, deputy director of the think-tank, said having a single rate of tax relief set at the basic income tax rate of 20 per cent would raise £15bn for the Treasury, while at 30 per cent ...

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  3. Dec 9, 2021 · Rachel Reeves has said she would support a 2p cut to the basic rate of UK Income Tax amid reports that Rishi Sunak is considering the measure. The shadow chancellor told City A.M. in a wide ...

  4. 1 day ago · Pension contributions are currently tax deductible, meaning basic rate payers get a relief equal to 20 per cent of their payments to cancel out the income tax that would be otherwise due, while ...

  5. May 28, 2024 · Ms Reeves reiterated that corporation tax, which is paid by businesses, will be capped at the current rate of 25%. But she added that Labour would "act" if "our competitiveness came under threat".

  6. May 28, 2024 · Rachel Reeves has said a Labour government would not raise taxes beyond a handful of measures she has already set out, limiting the party’s room for manoeuvre if it wins the UK general election ...

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  8. Sep 26, 2022 · 26 September 2022. Rachel Reeves: The 45p top rate of income tax is coming back. Shadow chancellor Rachel Reeves has promised to bring back the top rate of income tax and spend the money raised on ...

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