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Five key tax talking points before next week’s budget

The Guardian Business Saturday 24 October 2026, 07:00 UTC By Zoe Wood 1 min read
Key Points

As the chancellor prepares for 28 October, we unpack the facts and figures – and the implications any changes could mean for youAs John Healey prepares his first budget as chancellor, tax is the small word that is likely to cast a large shadow over next week’s big fiscal announcement. In its election manifesto, Labour promised not to increase the “big three”: income tax, national insurance and VAT.

As the chancellor prepares for 28 October, we unpack the facts and figures – and the implications any changes could mean for you

As John Healey prepares his first budget as chancellor, tax is the small word that is likely to cast a large shadow over next week’s big fiscal announcement.

In its election manifesto, Labour promised not to increase the “big three”: income tax, national insurance and VAT.

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John Healey (PERSON) Labour (ORG) VAT (ORG)
Originally published by The Guardian Business Read original →

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