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The Latest Breaking News from Income Tax

Kwarteng’s mini-budget creates further tax divergence between Scotland and UK

The Chancellor scrapped the top rate of income tax for the rest of the UK, and reduced the basic rate to 19p in the pound.

The Independent UK

What does the mini-budget mean for Scottish businesses?

We ask the experts which changes will have the most impact and how Holyrood is likely to react

Insider UK

What the Mini-Budget means for your money - from your income to savings and pensions

Kwasi Kwarteng has delivered his Mini-Budget in the House of Commons, with changes to Income Tax, National Insurance and the benefit system all confirmed this morning

Daily Mirror

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read the most diverse news in one place.

Mini-budget: What is income tax and how much will I pay?

The basic rate of income tax will face a cut in the new tax year

Evening Standard

Business and home movers in Northern Ireland buoyed by mini-budget but calls intensify for Stormont return

Tax cuts offer some support but resumption of devolved leadership needed to protect economy from current headwinds

Birmingham Post

Martin Lewis issues good news for anyone earning less than £50,000

The Money Saving Expert founder has explained the latest Stamp Duty and Income Tax changes in a new video

Liverpool Echo

How the mini-budget’s tax changes could affect you

From income tax to stamp duty and national insurance, how Kwasi Kwarteng’s announcements could affect you

The Guardian - UK

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How the mini-budget affects you - including benefits, tax cuts and stamp duty

The Chancellor announced a series of tax cuts as the cost of living crisis rages on, but the measures drew criticism from Labour as benefitting the richest

Chronicle Live

How much people on different income levels will save from all of Kwasi Kwarteng's tax cuts

Someone on £20,000 a year will get an extra £167.18 a year. A person on £200,000 will save over £5,000 a year in tax.

Wales Online

How much tax do you pay in Scotland after Kwasi Kwarteng unveils mini budget

Income tax levels could soon vary substantially in Scotland and England after the UK Government announced plans to help the richest.

Daily Record

Mini-budget: Kwasi Kwarteng slashes income tax in growth gamble

The Chancellor swung his axe at income tax, National Insurance, corporation tax and stamp duty in a historic mini-budget aimed at transforming Britain’s lacklustre growth rate

Evening Standard

Mini-Budget winners and losers - from fat cat bankers to Universal Credit claimants

Kwasi Kwarteng has delivered his Mini-Budget in the House of Commons, with tax cuts, a shake up of stamp duty and the removal of a cap for bankers' bonuses all confirmed

Daily Mirror

SNP in no rush to cut income tax as John Swinney attacks 'reckless' Tory budget

The Scottish Finance Secretary said the UK Treasury statement was 'cold comfort' for millions of Scots.

Daily Record

Martin Lewis 'worried' after 'staggering' mini-budget from Chancellor Kwasi Kwarteng

'Huge new borrowing at the same time as cutting taxes'

Wales Online

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Manchester Evening News

Tax cuts, bankers bonuses and energy bills: Eight key announcements Kwasi Kwarteng made in today's mini-budget

A raft of tax cuts were announced in this morning's mini budget.

Liverpool Echo

What today's multi billion pound government mini budget means for you

New Chancellor Kwasi Kwarteng has laid out the government's major economic plans as the cost of living crisis worsens - here's what it all means

Wales Online

How the mini budget will affect you living in Wales

Kwasi Kwarteng's spending plans will put money back in most people's pockets - but particularly the wealthy

Manchester Evening News

What the government's mini-budget means for you

The government has introduced a wide range of new economic policies which will affect your personal finances

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news in one place.

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Daily Mirror

Mini-Budget 2022 summary: £45bn tax cut announcements at a glance and how they hit you

Stamp Duty, Income Tax, the bankers' bonus cap, and tax on the very richest 660,000 Brits have all been slashed in a tax-cutting mini-Budget that was 'mini' in name only

Insider UK

Chancellor axes top income tax rate for highest earners

The 'mini-budget' also confirmed a cut to stamp duty and the axing of caps on bankers' bonuses

Evening Standard

Kwasi Kwarteng AXES top income tax rate for highest earners

The Chancellor announced a raft of tax cuts in a mini-budget

Wales Online

All the changes Kwarteng just announced, including lower taxes and Stamp Duty

Income Tax has been cut

The Guardian - UK

Kwarteng scraps top 45% rate of income tax and cuts stamp duty

Chancellor abolishes cap on banker bonuses, cuts basic income tax and national insurance in mini-budget that favours top earners

Daily Record

Mini Budget 2022: How Kwasi Kwarteng's huge tax cuts will affect Scots as rich set to benefit

The Chancellor of the Exchequer announced huge tax cuts that will benefit the richest in society.

The Independent UK

Kwarteng axes higher income tax for top earners and accelerates 1p cut for all

Chancellor claims abolishing 45p rate – already cut from 50p by George Osborne – ‘will make Britain more competitive’

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