Millions of home workers are set to lose a major financial perk after Labour Chancellor Rachel Reeves confirmed that tax relief for work from home expenses will be removed from next April. The change means employees will no longer be able to reclaim the cost of extra heating, electricity or broadband used while working remotely.
Home Workers Hit as Labour Scraps Tax Relief for Remote Staff Read More »
Chancellor Rachel Reeves is preparing to target workers, savers and pensioners in her new budget, introducing more than a dozen tax rises as she attempts to close a £30 billion gap in the public finances. Reeves will argue that the increases are “fair and necessary”, saying they are essential to protect NHS funding and welfare
Middle-Class Families Face Higher Bills Under Reeves’s Budget Read More »
The number of state pensioners facing a crippling 62 per cent marginal tax rate has more than doubled, as frozen tax thresholds push thousands of older Britons into higher tax bands. Official HMRC figures show that in 2024–25, around 77,000 pensioners earned between £100,000 and £125,140, the income range where personal allowance tapering creates an
Thousands of Older Britons Dragged into 62% Tax Trap – HMRC Read More »
