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RACHEL REEVES JUST RAISED UK TAXES — without raising tax rates. It’s called a stealth tax. And it hits EVERY working person. Instead of increasing tax rates, the government is freezing tax thresholds until 2028. That means: 💸 When your income goes up… 💸 You quietly slip into higher tax bands 💸 …without ever seeing your real take-home improve If the tax-free allowance had kept up with inflation, it would be £16,000 But it’s still stuck at £12,570. By 2029, someone earning £45K will pay about £
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