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Workers set for income tax hike as Rachel Reeves ‘to extend freeze on thresholds’

18 October 2024
in Sports
Workers set for income tax hike as Rachel Reeves ‘to extend freeze on thresholds’
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Keir Starmer and Rachel Reeves are facing criticism for potentially breaking a manifesto pledge by considering extending the freeze on income tax thresholds, leading to more people paying higher tax rates due to inflation. Reeves is reportedly planning to continue the freeze in order to raise £40bn and address public finance concerns. While Prime Minister did not deny the measure, he assured that he was committed to not raising taxes on working people, with Starmer emphasizing the importance of keeping manifesto promises during a press conference.

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Tags: extendfreezehikeincomeRachelReevessetTaxthresholdsworkers
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