Rachel Reeves has insisted she does not deny the impact on "ordinary" people after unleashing £26billion worth of tax hikes in her much-anticipated Autumn Budget , but argued the changes are "fair" and "necessary".
Pension savers are again among those hit, with changes to salary sacrifice schemes expected to raise significant revenue. Industry experts warn that the move will fall hardest on the take-home pay of "ordinary workers" rather than the wealthiest.
The Chancellor continues to face accusations of breaking Labour's election pledge not to raise taxes on working people, after choosing to freeze income tax thresholds until 2030/31.
The prolonged freeze will push an estimated 780,000 more people into the basic-rate, 920,000 more into the higher-rate, and 4,000 more into the add

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