Rachel Reeves, Capital gains tax
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HMRC will be 'lowering the threshold' from 1 September for requiring evidence to support pension tax relief requests
Chancellor Rachel Reeves considers a new tax on primary homes over £1.5 million, potentially impacting wealthy homeowners.
A London pub chain applying a 4pc service charge to drinks bought at the bar has blamed Rachel Reeves’s National Insurance raid for the fee.
The Treasury is reportedly looking at major reforms, making it more difficult for wildlife concerns to hold up developments
Chancellor Rachel Reeves is weighing plans to scrap capital gains tax exemptions on high-value homes, in a move dubbed a “mansion tax”, to raise billions and plug a £40bn fiscal gap. Property experts warn it could stall sales and hit pensioners downsizing.
Rachel Reeves has been warned that Britain’s finances remain “chronically weak”, as new figures revealed she is still maxing out the country’s credit card. The Chancellor was hit with yet more bad news today as it was revealed public sector borrowing has risen to £60billion since April, nearly £7billion more than last year.
FEARS are growing that Rachel Reeves could slap a new tax on people’s homes to replace stamp duty and council tax. The Chancellor is studying plans for a levy on houses worth over £500,000,