Reeves announces £26bn of tax rises after budget leak | Budget 2025
Business
Rachel Reeves has announced £26bn worth of tax rises in her budget, including extending the freeze on personal income thresholds. The package also contains a new "mansion tax" on properties worth over £2m, while people paying into their pension pot under salary sacrifice schemes will face national insurance on contributions above £2,000. The measures, which were published by the Office for Budget Responsibility (OBR) ahead of time in an unprecedented blunder, will take the UK's tax burden to an
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