With income tax rate hikes currently “off the menu”, Rachel Reeves is reportedly preparing a variety of “bite-sized” tax adjustments to help balance the nation’s finances, raising key questions about what specific measures will be included in the Chancellor’s upcoming “smorgasbord” budget and the overall scale of these changes, stated RSM UK. Although a few significant tax-raising measures—such as extending fiscal drag, council tax surcharges, and restrictions to salary sacrifice on pensions—are anticipat ...