Income Tax

Prime Minister Andy Burnham has said he would be “concerned” to lose Sheikh Mansour as Manchester City’s owner (Peter Byrne/PA)

Fiscal devolution plans could widen regional inequalities, IFS says
Nayors will start retaining business rates and a small proportion of income tax over the coming years.

Ben Houche, Tees Valley Mayor. Credit: Getty

Andy Burnham tells Ben Houchen he will not be 'mini chancellor'

Campaigners have called on Andy Burnham to deliver a West Yorkshire mass transit system.

Experts explain how fiscal devolution could fund West Yorkshire trams

Prime Minister Andy Burnham speaking from Sheffield. Credit: PA

Exclusive Burnham says Doncaster Airport reopening is 'within touching distance'

Mayor of West Yorkshire Tracy Brabin takes a selfie with Mayor of York and North Yorkshire David Skaith (obscured), Bev Craig leader of Manchester City Council and Labour’s candidate for Mayor of Greater Manchester (centre), Mayor of the North East Kim McGuinness (second right), Mayor of the West Midlands Richard Parker (back second left), Mayor of South Yorkshire Oliver Coppard (back second right) and Mayor of the Liverpool City Region Steve Rotherham (Peter Byrne/PA)

Mayors to be handed powers to retain income tax and business rates

Andy Burnham, greets (left to right) Mayor of West Yorkshire Tracy Brabin, Mayor of York and North Yorkshire David Skaith, Mayor of the West Midlands Richard Parker, Mayor of the North East Kim McGuinness, Interim Leader of Welsh Labour Ken Skates, Mayor of South Yorkshire Oliver Coppard and Mayor of the Liverpool City Region Steve Rotherham. Credit: Peter Byrne/PA Wire

Burnham must announce 'transformational programme of fiscal devolution

Gary Stevenson speaking during the Forwards Festival. PIC: Ben Birchall/PA Wire

Tax system favours those with substantial assets - YP Letters

Prime Minister Andy Burnham spoke to reporters on Wednesday (Toby Melville/PA)

Andy Burnham pushes back on immediate changes to income tax allowance

Andy Burnham

Let mayors 'keep portion of income tax and stamp duty in regions'

Fraser Campbell - UK head of accounts and business advisory services at Azets. Azets has three offices in Yorkshire, in Leeds, Bradford and York, where it employs 335 people. (Photo supplied by Azets)

Two-thirds have failed to register for MTD, says Azets

Chancellor of the Exchequer Rachel Reeves delivers the Mais Lecture. Credit: Yui Mok/PA Wire

Mayors could be given share of income tax in fiscal devolution plans

Ad Feature Planning for a vulnerable loved one's financial future

HMRC is replacing automatic £100 fines for late self assessment with a penalty points system (Photo: Pexels)

New HMRC penalty points system replaces £100 self assessment fines

Rachel Reeves during a visit to Ineos FPS headquarters in Grangemouth

Reeves 'hammering workers' over pensioners and those on benefits

Tim Sedgewick

'Reeves wants to back small ventures but her Budget does just the opposite'

Chancellor Rachel Reeves leaving 11 Downing Street before delivering her Budget in the House of Commons. PIC: Frank Augstein/PA Wire

Communication is about winning hearts and minds - David Behrens

Right to left: Labour MPs Mary Creagh, Ed Miliband and Rachel Reeves pose for a photo the day after the Budget. Credit: Jacob King/PA Wire

Rachel Reeves: 'You’re not going to write my obituary today'

Chancellor Rachel Reeves outside 11 Downing Street.

'I'm asking everyone to contribute' Reeves says in tax-rising Budget

Rachel Reeves’ Budget freeze affects both income tax and National Insurance, increasing bills even without rate changes (Photo: Getty Images)

Millions to pay more tax as Reeves extends threshold freezes to 2031

Chancellor Rachel Reeves speaks to the media during a visit to a branch of Tesco. Reeves is set to reveal her Budget plans on Wednesday, November 26 (Photo: Leon Neal/Getty Images)

5 predicted Budget changes that could impact your everyday finances

Chancellor Rachel Reeves delivers a speech in the media briefing room of 9 Downing Street. PIC: Justin Tallis/PA Wire

CBI tells Reeves 'change course' to avoid more damage on business
The Government must “change course” and avoid inflicting more cost pressure on UK firms at Wednesday’s Budget, the boss of the UK’s largest business group will warn.
Ralph Blackburn

Chancellor Rachel Reeves speaks at the Regional Investment Summit in Birmingham. The Government is expected to extend the freeze on income tax thresholds until 2030 (Photo: Joe Giddens - WPA Pool/Getty Images)

Reeves drops tax hike - millions will pay more even without increase

Chancellor Rachel Reeves takes journalists' questions after delivering a speech in the media briefing room of 9 Downing Street on November 4, 2025. Reeves has hinted that Labour may break its manifesto pledge not to raise taxes (Photo: JUSTIN TALLIS/POOL/AFP via Getty Images)

Rachel Reeves told to make major council tax changes in Budget

Chancellor Rachel Reeves takes journalists' questions after delivering a speech in the media briefing room of 9 Downing Street on November 4, 2025. Reeves has hinted that Labour may break its manifesto pledge not to raise taxes (Photo: JUSTIN TALLIS/POOL/AFP via Getty Images)

Budget 2025: Reeves hints at tax rises - what it means for your money

Keir Starmer's Labour strategists have taken aim at Rishi Sunak in their new ad campaign (Image: Kim Mogg / Getty / Labour)

Sir Keir Starmer hints two-child benefit cap could be scrapped

Chancellor of the Exchequer Rachel Reeves delivers a speech in the media briefing room of 9 Downing Street, ahead of the forthcoming Budget. Reeves has warned that 'each of us must do our bit', signalling possible tax rises (Photo: WPA Pool/Getty Images)

Rachel Reeves says 'each of us must do our bit' — what it may cost you

Chancellor Rachel Reeves delivers a speech ahead of the Budget later this month.

Rachel Reeves paves way for tax rises in Budget with speech

Martin Lewis (right) has highlighted a rare UK tax loophole affecting savings interest (Photos: Pexels/Getty Images)

Martin Lewis highlights tax glitch that could mean more money for you

Nearly 700,000 UK workers are now caught in the £100,000 tax trap, facing up to 60% effective tax (Photos: Pexels/Investing Insiders)

700,000 UK workers now hit by 60% tax trap - how to reduce your losses

Rachel Reeves pictured during a visit to the St Fergus Gas Plant in St Fergus, northern Scotland on August 1, 2025 (Photo: ANDY BUCHANAN/AFP via Getty Images)

Possible tax rises coming in next Budget - what they may mean for you

Chancellor Rachel Reeves takes part in a Lego therapy session during a visit to Westleigh Methodist Primary School in Wigan, for the launch of the Better Futures Fund, the day before her big Mansion House speech. Credit: Anthony Devlin/PA Wire

Rachel Reeves to unveil 'Leeds Reforms' ahead of Mansion House speech

Chancellor of the Duchy of Lancaster Pat McFadden: a fascinating man whose affable demeanour belies his inner steel (photo: PA)

'Financial consequences' for welfare rebellion, minister warns MPs
There will be “financial consequences” to Sir Keir Starmer’s last-minute climbdown on welfare reform, a senior Cabinet minister has said, as he declined to rule out tax rises.
Ralph Blackburn

Alan Lazenby argues the UK should scrap income tax

Here's why the UK should seriously consider scrapping income tax

(Photo: Pexels)

Tax bills hit savers with small savings pots as HMRC targets interest

Master the art of not accidentally bankrupting yourself – become a business ninja with QuickBooks

Five painfully British small business accounting disasters

The Loan Charge and Taxpayer Fairness All Party Parliamentary Group, which is pushing for a resolution to the loan charge scandal, continues to grow. (Photo by John Walton/PA Wire)

'Evidence proves loan charge is causing unbearable distress'

(Photo: Pexels)

Last-minute self-assessment tax tips - file on time and avoid stress

MPs have denounced the loan charge as a flawed and punitive policy. ( Photo by John Walton/PA Wire)

'Dealing with loan charge was worst time of my life'

Rachel Reeves denies national insurance hike breaks manifesto pledge

LONDON, ENGLAND - OCTOBER 30: Chancellor Rachel Reeves poses with the red box outside number 11 Downing Street on October 30, 2024 in London, England. This is the first Budget presented by the new Labour government and Chancellor of the Exchequer, Rachel Reeves. (Photo by Dan Kitwood/Getty Images)

Rachel Reeves makes big income tax announcement in first Labour Budget

Child plays with building blocks.

Watch: Measures for families announced in Rachel Reeves’ budget

Rachel Reeves poses with the red Budget Box as she leaves 11 Downing Street to present the government's annual Autumn budget to Parliament (Photo: JUSTIN TALLIS/AFP via Getty Images)

Budget 2024: key takeaways as Reeves unveils £40 billion tax rise

In an exclusive interview with the Yorkshire Evening Post, the Chancellor Rachel Reeves promised to “protect living standards” for people living in her Leeds West and Pudsey constituency.

Small businesses worried about 'not much support' in Budget

Chancellor Rachel Reeves gives a speech at the Treasury in July 2024 (Photo: Jonathan Brady - Pool/Getty Images)

Q&A: ask our expert questions on how the Budget will affect Yorkshire

Chancellor of the Exchequer Rachel Reeves making her keynote speech during the International Investment Summit in London. PIC: Jonathan Brady/PA Wire

Equalising CGT with income tax risks economic harm - Dr William Prescott

Britain's Chancellor of the Exchequer Rachel Reeves (L) attends the third day of the annual Labour Party conference in Liverpool, north-west England, on September 24, 2024. (Photo by OLI SCARFF/AFP via Getty Images)

Tax terror fears are about to come true in Rachel Reeves's Halloween Budget

Rachel Reeves listens to Keir Starmer on the Labour general election campaign trail in May (Photo: JUSTIN TALLIS/AFP via Getty Images)

Budget 2024: when it is and what could be in it - as PM warns of pain

People in regions like the North will be frustrated too by the pace of change (Image: Mark Hall / NationalWorld)

UK ax system is 'a significant barrier to ending regional inequality'

(Photo: BEN STANSALL/AFP via Getty Images)

How UK parties are approaching National Insurance ahead of election

The time is now to make an MOT on your money

Jonathan Smith, HMRC’s Director of Counter Avoidance, said: "We use all powers available to ensure penalties are collected. This can include making company directors liable.We would urge anyone who thinks they have entered a tax avoidance scheme to contact us as soon as possible to get help.”(Photo by Dominic Lipinski/PA Wire)

Promoter faces £900,000 penalty for failing to co-operate with HMRC

Prime Minister Rishi Sunak during a Q&A event at the Queens Hotel in the former mining village of Maltby, near Rotherham, South Yorkshire. PIC: Carl Recine/PA Wire

Investment is a safe bet in Yorkshire - Gareth Davies

Jeremy Hunt will announce the 2024 Budget. Credit: Kim Mogg/Getty/Adobe

Budget 2024: Hunt cuts NI again and reforms child benefit

Rachel Reeves has ruled out a substantial overhaul of the tax system

Analysis: Tax reform is the task no party wants to take on

Chancellor of the Exchequer Jeremy Hunt is expected to reveal tax cuts before the general election. PIC: James Manning/PA Wire

Tax cuts are both necessary and overdue - Yorkshire Post Letters

Rishi Sunak's government will preside over the highest tax rises on record, according to the Institute for Fiscal Studies. (Credit: Getty Images)

Breaking Sunak's government will oversee highest tax rises on record

In 2021, the Loan Charge All Party Parliamentary Group published a report which provided evidence of significant malpractice in the supply chain by many umbrella companies and recruitment agencies.

Government must destroy rogue umbrella firms who abuse staff - Greg Wright

Chancellor Rishi Sunak announced a pay rise for public sector employees (Getty Images)

Applications for the second self-employment coronavirus grant are now open - her...

Here's how to claim a self-employed coronavirus grant through the UK government'...

Furloughed employees may be able to work for another employer, providing it does not breach their contractual obligations (Photo: Shutterstock)

These are the rules around working while on furlough - and how much you'll be pa...

News you can trust since 1754

© 2026 Iconic Media Group Ltd. All rights reserved.Terms and Conditions Privacy notice