
We believe the Government should take urgent action to support workers and improve living standards by implementing this tax cut as soon as possible.
Rachel Reeves
Chancellor
Abolish the effective Tax rate of 60% on income between £100,000 and £125,140
Introduce a new 30% tax rate for income earnings between £50,271 - £100,000
Reduce income tax rate for parents
End the freeze on income tax thresholds & adjust annually, indexed to inflation
Limit council tax increases to the lowest of either inflation or 5%
We believe the Government should take urgent action to support workers and improve living standards by implementing this tax cut as soon as possible.
Abolish the effective Tax rate of 60% on income between £100,000 and £125,140
Introduce a new 30% tax rate for income earnings between £50,271 - £100,000
Reduce income tax rate for parents
End the freeze on income tax thresholds & adjust annually, indexed to inflation
Limit council tax increases to the lowest of either inflation or 5%