Keir Starmer and Rachel Reeves

Are our taxes about to go up?

That’s a question Brits will be hearing again and again ahead of Labour’sautumn Budget, where the government sets out its spending and tax plans for the year ahead.

Very rarely do ministers admit in any significant detail exactly what they have planned for the fiscal event – but early signs suggest that a tax hike just might be looming.

The occupants of 10 and 11 Downing Street are stuck between a rock and a hard place when it comes to the country’s finances right now.

Keir Starmer and Rachel Reeves promised not to increase taxes on “working people” in the run-up to the general election last year.

While the exact definition of that phrase split public opinion, Labour said it means not raising income tax, employee national insurance or VAT.

Of course, that wording came back to haunt the government at last year’s Budget when they revealed they were hiking employers’........

© HuffPost