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Chancellor Rachel Reeves announced a package of tax rises worth around £26 billion in the Autumn Budget on Wednesday, 26 November.
The biggest revenue-raiser will be an extended freeze on income tax thresholds until 2031, bringing in around £8 billion.
A crackdown on salary sacrifice for pension contributions, a hike on tax from property, savings, and dividend income, and a new ‘mansion tax’ are among the other levies announced.
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Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
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