Labour continued with it. If PA increased in line with inflation, it would be £16,048 for 2026/27.
As a result, someone earning £20,000 will pay extra £696 income tax in 2026/27 alone.
This is not conducive to economic growth.
Income tax thresholds have been frozen since 2021.
If the £12,570 tax-free personal allowance had risen in line with inflation, it would now be £16,072. #StealthTax #r4today
Income tax thresholds have been frozen since 2021.
If the £12,570 tax-free personal allowance had risen in line with inflation, it would now be £16,072. #StealthTax #r4today
What would unfreezing it mean for taxpayers, and how much would it cost?
📈 Isaac Delestre's new explainer investigates: ifs.org.uk/articles/unf...
Number of income tax payers: 2021/22, 33m; 2025/26, 39.1m.
Basic rate payers: 2021/22, 27.4m; 2025/26, 30.4m
Pensioners paying income tax: 2021/22, 6.74m; 2025/26, 8.72m.
More poor people paying income tax.
First the #Tories implemented the freeze and now #Labour have extended the freeze.
They giveth with one hand and taketh it back with the other 🙄
#StealthTax
#PunchingDown
First the #Tories implemented the freeze and now #Labour have extended the freeze.
They giveth with one hand and taketh it back with the other 🙄
#StealthTax
#PunchingDown
More money in everyone's pockets, more money into the economy = win win situation.
Instead they chose to keep the #Tory #StealthTax 🤦🏻♀️
PA adjusted for inflation would have been £15,550 in 2025/26, £16,048 in 2026/27.
Millions of poor forced to pay income tax.
Capital gains & dividends taxed at lower marginal rates than wages
More money in everyone's pockets, more money into the economy = win win situation.
Instead they chose to keep the #Tory #StealthTax 🤦🏻♀️
#Labour : "Have a slightly cheaper day out & forget your troubles" 🤦🏻♀️
#StealthTax
#Poverty
#ChildPoverty
#Labour : "Have a slightly cheaper day out & forget your troubles" 🤦🏻♀️
#StealthTax
#Poverty
#ChildPoverty
Use this calculator to show the effects of the tax threshold freeze on workers paying tax in England, Wales & N Ireland. Tax bands are set at differently by the Scottish Govt. 2/2
workvoicepay.unitetheunion.org/stealthtax
Use this calculator to show the effects of the tax threshold freeze on workers paying tax in England, Wales & N Ireland. Tax bands are set at differently by the Scottish Govt. 2/2
workvoicepay.unitetheunion.org/stealthtax
Worsening the rhetoric against migrants/immigrants, changes to settled status, etc.
Extending freeze on the personal allowance #StealthTax
So many opportunities to make bold changes squandered because they chose to chase #Reform voters.
#Labour
Wages too low.
Record profits for Oil & Gas.
50 richest families with more wealth than 50% of population.
Shit in our rivers.
Pensioners jailed for protesting.
Migrants thrown under the bus.
Supporting a Genocide.
That's Starmer's legacy.
Worsening the rhetoric against migrants/immigrants, changes to settled status, etc.
Extending freeze on the personal allowance #StealthTax
So many opportunities to make bold changes squandered because they chose to chase #Reform voters.
#Labour
We hear you on #BBCR4. You say, we say, #UKClimateChangeCommitte says - levies on #ElectricityBills are a regressive #StealthTax. If something needs subsidising, use tax funds not our bills @teamlabouruk.bsky.social ! We won't shut up about this... cont
We hear you on #BBCR4. You say, we say, #UKClimateChangeCommitte says - levies on #ElectricityBills are a regressive #StealthTax. If something needs subsidising, use tax funds not our bills @teamlabouruk.bsky.social ! We won't shut up about this... cont
Yesterday’s Budget delivers a stealth tax raid on workers across Wales according to the @resolutionfoundation.org
#StealthTax #Budget2026
Yesterday’s Budget delivers a stealth tax raid on workers across Wales according to the @resolutionfoundation.org
#StealthTax #Budget2026
I've been shouting about how unacceptable this is for such a long time now, moreso as Labour swore they wouldn't raise taxes & this is a #StealthTax on everyone!
Please sign 🙏
I've been shouting about how unacceptable this is for such a long time now, moreso as Labour swore they wouldn't raise taxes & this is a #StealthTax on everyone!
Please sign 🙏
@nigeljgreen.bsky.social to @gbnewsonline.bsky.social 🔍💼
gbnews.com/money/rachel...
#UKPolitics #TaxHike #RachelReeves #Budget2025 #StealthTax
@nigeljgreen.bsky.social to @gbnewsonline.bsky.social 🔍💼
gbnews.com/money/rachel...
#UKPolitics #TaxHike #RachelReeves #Budget2025 #StealthTax
Electricity up ~30% Gas up ~45%
#StandingCharge slightly down 🤣
FUEL VAT 0% does NOTHING = less money to GOV = #StealthTax coming soon, #EnergyCompanies KEEP PROFITING = the usual NOTHING !
#DataCenters stealing #Water = usual 💩
Thanks
Electricity up ~30% Gas up ~45%
#StandingCharge slightly down 🤣
FUEL VAT 0% does NOTHING = less money to GOV = #StealthTax coming soon, #EnergyCompanies KEEP PROFITING = the usual NOTHING !
#DataCenters stealing #Water = usual 💩
Thanks
Should UK #StandingCharges be abolished?
Customers incur standing charges even if they do not use any #energy, which penalises low-income #families and those who consume significantly less than average.
gasoutlook.com/analysis/sho...
Should UK #StandingCharges be abolished?
Customers incur standing charges even if they do not use any #energy, which penalises low-income #families and those who consume significantly less than average.
gasoutlook.com/analysis/sho...
If increased in line with inflation, it would be £16,048 for 2026/27.
As a result, in 2026/27 someone earning £17,000 will pay additional £696 in income tax and £278 in national insurance.
All because govts appease the rich.
“It’s time we got this burden under control…There’s no budgetary control of this and yet it all ends up on household bills or contributing to making our electricity some of the most expensive in the industrialised world”
The #StealthTax on our energy bills
“It’s time we got this burden under control…There’s no budgetary control of this and yet it all ends up on household bills or contributing to making our electricity some of the most expensive in the industrialised world”
The #StealthTax on our energy bills
So income tax will be going up, contrary to the election pledge, but stealthily, rather than openly
birminghammail.co.uk/news/cost-of...
#Pensioners #StealthTax #CostOfLiving #HMRC
birminghammail.co.uk/news/cost-of...
#Pensioners #StealthTax #CostOfLiving #HMRC
londonlovesbusiness.com/devere-warns...
#UKPension #Tax #RetirementPlanning #FinanceNews #StealthTax #UKPolitics
londonlovesbusiness.com/devere-warns...
#UKPension #Tax #RetirementPlanning #FinanceNews #StealthTax #UKPolitics
londonlovesbusiness.com/chancellors-...
#UKEconomy #Tax #Entrepreneurs #RachelReeves #StartupExodus #StealthTax
londonlovesbusiness.com/chancellors-...
#UKEconomy #Tax #Entrepreneurs #RachelReeves #StartupExodus #StealthTax
#Ukhouseholds #Stealthtax
opr.news/7c189b352503...
#Ukhouseholds #Stealthtax
opr.news/7c189b352503...