Rachel Reeves considering major hike to capital gains tax
Row over claims Rachel Reeves could hike capital gains tax as high as 39%
Chancellor has dismissed Budget speculation but fears are rising over a massive tax hike to fill a £25bn black hole in her plans
Rachel Reeves denies plans to increase capital gains tax to 39 per cent
The Government has been forced to deny that Rachel Reeves is planning to raise capital gains tax to as high as 39 per cent. The Chancellor has opened the door to raising capital gains tax (CGT) to plug a hole of up to £25 billion,
Rachel Reeves Will Need To Raise Taxes By £25 Billion To Keep Labour's Spending Promises
Rachel Reeves will need to hike taxes by up to £25 billion to meet Labour’s spending commitments and avoid a return to austerity, according to a leading think-tank. The Institute for Fiscal Studies issued its grim warning as the chancellor prepares to deliver her first Budget on October 30.
Which taxes will Chancellor Rachel Reeves raise in the Budget and is the free bus pass safe?
Rachel Reeves has warned that tax rises and more public spending cuts are in the pipeline for the October 30 Budget.The Chancellor has sent her first draft of the Budget to the financial watchdog the Office for Budget Responsibility which will do the sums on the Labour government’s proposals to work out how much they will cost or save.
Rachel Reeves's budget could mean the end of the 'affordable pint' as hiked alcohol taxes may turn customers away from pubs
The Budget could kill "the affordable pint" as brewers and hospitality firms warn the chancellor that they will be driven out of business by further costs. Rachel Reeves has been warned that raising taxes on alcohol and pubs would lead to a fall in revenues by depressing sales of drink.
Rachel Reeves planning cash grab by hiking up tax by almost 20%
Chancellor Rachel Reeves is said to be considering raising the rate of capital gains tax (CGT) on sales of second homes and businesses to as high as 39% in the upcoming Budget
Budget: Rachel Reeves set to drop pensions tax raid plans, per report
Rachel Reeves is reportedly set to drop plans for a tax raid on pensions over fears it could unfairly affect public sector workers. The Chancellor has been warned that a scheme to reduce the 40 per cent tax relief on higher earners could disproportionately impact teachers and nurses,
Rachel Reeves weighs capital gains tax hike to help plug UK’s budget gap
Rachel Reeves is considering an increase in capital gains tax as part of a multibillion-pound effort to fill a “black hole” in the public finances in her Budget later this month, according to government insiders.
UK's Reeves is considering raising capital gains tax to 39%, Guardian says
British finance minister Rachel Reeves is considering raising the rate of capital gains tax to as high as 39% in her Oct. 30 budget, the Guardian newspaper reported on Thursday. Finance ministry modelling being reviewed by Reeves and seen by the Guardian shows officials are testing a range of 33% to 39% for capital gains tax,
Rachel Reeves now plotting another cash grab by hiking up tax by almost 20%
Rachel Reeves could raise capital gains tax on sales of second homes and businesses to as high as 39% at this months budget, reports have suggested. The Chancellor is said to be considering the hike from the current rate of between 20% and 28% for higher-rate taxpayers.
Rachel Reeves considering major hike to capital gains tax as chancellor's plans in ‘complete disarray’
Rachel Reeves is considering a major hike to capital gains tax (CGT) as the Chancellor's plans are in "complete disarray", according to senior Whitehall officials. She is considering rates as high as 39 per cent in an attempt to find money to fund public services across the country.
How Rachel Reeves’s first Budget could cost you £200,000 (and what you can do about it)
Chancellor Rachel Reeves has made it clear that we should not be expecting any bank account-friendly handouts in the Budget ...
Reeves 'must find billions more' in time for Budget
Rachel Reeves needs another £16bn to meet pledges, says influential think tank the Institute for Fiscal Studies.
Rachel Reeves’s potential borrowing plan risks repeat of Truss mini-Budget meltdown, warns financial expert
Downing Street dismissed the concerns as the Institute for Fiscal Studies said the prospective borrowing plan is ‘very ...