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All the changes Rachel Reeves could make to capital gains tax in the Budget
Rachel Reeves was expected to reduce the current 40 per cent level of tax relief on higher earners in the Budget, but has changed direction
Rachel Reeves expected to prolong personal tax threshold freeze beyond 2028
UK chancellor Rachel Reeves is expected to prolong a freeze on personal tax thresholds beyond 2028 in a “stealth” tax move that could raise £7bn a year and help plug a £40bn fiscal shortfall. Government officials said Reeves was looking to lengthen the freeze — announced in 2021 under the Conservatives but due to expire in 2028 — in what will be seen as a covert rise in income tax.
UK's Reeves set to prolong freeze on income tax thresholds, FT reports
British finance minister Rachel Reeves is expected to prolong a freeze on income tax thresholds beyond 2028 in the government's upcoming budget, in a move that could raise 7 billion pounds ($9.1 billion) a year,
Workers set for income tax hike as Rachel Reeves ‘to extend freeze on thresholds’
Keir Starmer and Rachel Reeves have been accused of preparing to break a manifesto pledge with reported plans that could see hundreds of thousands more people dragged into paying higher rates of tax.
23h
Rachel Reeves is risking a ‘bonfire of jobs’ as she plots massive tax rises, businesses and MPs warn
RACHEL Reeves is risking a “bonfire of jobs” by hitting Britain with one of the biggest tax-hiking Budgets in history, ...
2h
on MSN
Rachel Reeves could borrow £80bn over next five years, lenders say
Rachel Reeves could borrow an extra £80bn to fund the government's ambitious spending plans for infrastructure and green ...
2d
on MSN
Rachel Reeves to push forward with £3bn sickness benefits cut in Budget
Rachel Reeves is understood to be considering about £3bn of cuts to the welfare bill over the next four years by restricting access to sickness benefits, as the chancellor embarks on a brutal ...
spectator.com.au
1d
Brits seem curiously untroubled by Labour’s Budget – at least for now
If the public is worried about what lies in store in Rachel Reeves’ first Budget, there are few signs of it yet in their ...
3d
on MSN
Here’s how Reeves could use the Budget to incentivise investment
As well as balancing the books, Rachel Reeves should use the Budget to help businesses recapture their joie de vivre ...
4d
Rachel Reeves’s invidious choices in the Budget
As the FT’s chancellor game shows, the new ‘golden rule’ is her binding constraint. Meeting it could bolster fiscal credibility ...
5d
on MSN
Reeves warns of ‘difficult decisions’ on tax ahead of Budget
Chancellor Rachel Reeves insisted businesses welcome the stability offered by Labour even if taxes are set to increase to ...
i
3d
The taxes Reeves could raise to fill the £40bn gap
Raising it to 39 per cent would not make sense, argue Robert Salter, partner at Blick, as “HMRC previously put together some ...
6d
Will Rachel Reeves increase fuel duty in the budget? What we know
The levies are a major source of revenue for the government and in the 2023/24 financial year alone were expected to raise ...
3d
IMF: Reeves risks market backlash if debt doesn’t stabilise
UK Chancellor Rachel Reeves could face a market backlash unless she makes rapid efforts to stabilise the national debt, the ...
1d
on MSN
As a Labour MP I fear we will lose the next election if Reeves doesn't follow this advice
If Rachel Reeves' budget on October 30th is not bold and transformative then Labour will be leaving office again at the next ...
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