Tag: tax threshold freezes
Autumn Budget 2025: £22bn Fiscal Headroom, ISA Cuts, and Wealth Tax Loom as OBR Warns of Long-Term Stagnation
Chancellor Rachel Reeves expanded fiscal headroom to £22bn in Autumn Budget 2025, freezing tax thresholds and planning ISA cuts to £12k, while wealth tax proposals loom. The OBR warns of long-term stagnation as 8.3m pay higher tax rates.