Income tax

Five times 2015/16 forecast

A little power is a dangerous thing

Have called for tougher approach on taxing richest

Chancellor to speak on Wednesday 16 March

Labour will reject austerity as a means to get the economy back on track and will instead focus on taxing the rich, shadow Chancellor John McDonnell has said in his Labour Party Conference speech on Monday.

The Conservative government will introduce legislation ruling out increases in income tax, value added tax (VAT) and national insurance rates for the next five years, it was confirmed in the Queen's Speech, which also detailed plans for an in-out EU referendum...

The Conservatives will introduce a law that will guarantee there will be no rise in income tax rates, VAT or national insurance before 2020, the party is to announce.

A clampdown on suspected tax avoidance among taxpayers with rapidly rising wealth has netted HMRC an extra £11.5m since it began targeting the group in 2012, according to calculations.

The Conservative party has promised a range of cuts if it wins power in the general election in May.

The Green party has announced it will push to increase the top rate of tax to 60p in the pound if it gains influence in the General Election.