The Latest Breaking News from Income Tax

FOR a “fiscal event” or even a mini-Budget, there is an extraordinary change of direction identified in the Chancellor’s speech today — enough for a couple of conventional Budgets. He told us this morning, “there are too many barriers to enterprise”. Accordingly, he has set out a dizzying range of…

The Chancellor scrapped the top rate of income tax for the rest of the UK, and reduced the basic rate to 19p in the pound.

The Money Saving Expert founder has explained the latest Stamp Duty and Income Tax changes in a new video

From income tax to stamp duty and national insurance, how Kwasi Kwarteng’s announcements could affect you

The Chancellor announced a series of tax cuts as the cost of living crisis rages on, but the measures drew criticism from Labour as benefitting the richest

Someone on £20,000 a year will get an extra £167.18 a year. A person on £200,000 will save over £5,000 a year in tax.

Income tax levels could soon vary substantially in Scotland and England after the UK Government announced plans to help the richest.

The Chancellor swung his axe at income tax, National Insurance, corporation tax and stamp duty in a historic mini-budget aimed at transforming Britain’s lacklustre growth rate

Kwasi Kwarteng has delivered his Mini-Budget in the House of Commons, with tax cuts, a shake up of stamp duty and the removal of a cap for bankers' bonuses all confirmed