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Birmingham Mail Article Rating

'Hidden' Autumn Budget tax bomb could cost workers £555 each - Birmingham Live

  • Bias Rating
  • Reliability

    45% ReliableAverage

  • Policy Leaning

    -20% Somewhat Left

  • Politician Portrayal

    N/A

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

-3% Negative

  •   Liberal
  •   Conservative
SentenceSentimentBias
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Bias Meter

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Bias Meter

Contributing sentiments towards policy:

57% : Data from Finder suggests 3.3million people will start to pay income tax for the first time by 2030.
54% : But the Chancellor is considering capping the amount of tax-free salary sacrifice you get a year at £2,000.
52% : " The change would drag millions of people into a higher tax band through a concept called fiscal drag.
52% : But someone on £80,000 a year would see their tax bill soar by £961.
52% : For a worker who wants to use their full Isa allowance each year, the change to £12,000 from £20k could see them hit with an annual tax bill of £80, or £160 over the two year period.
51% : There are still several tax hikes on the table that could cost you £555 by 2030, experts have warned.
51% : Labour Party government sources said the chancellor had decided to maintain the level at which people start paying income tax for two years while abandoning plans to raise the headline rate, which would have broken a manifesto promise.
51% : Reeves had been expected to raise income tax by up to 2p, potentially alongside a one-year extension of the freeze in thresholds.
51% : The change would see a worker on £40,000 a year handover an extra £74 in tax between 2028 and 2030.
50% : The two-year freeze on thresholds will raise more income tax from workers due to inflation and wage growth.
50% : Meanwhile, a worker earning £80,000 a year in 2028 would need to hand over an extra £336 in tax, assuming they made the same contributions.
40% : Workers could be hit by a "hidden" Autumn Budget tax bomb that could leave them £555 worse off.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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