Labour could force landlords to pay National Insurance on their rental income or even make them pay council tax as part of sweeping reforms, experts warn. The Chancellor will reportedly spare property investors from her capital gains tax raid at this month’s Budget after Telegraph Money campaigned for Labour to end its war on landlords.

With the Autumn Budget less than two weeks away, speculation about which taxes Chancellor Rachel Reeves will opt to raise has reached fever pitch. On entering No 11 Downing Street, Reeves commissioned the Treasury to conduct a thorough spending audit,

Rachel Reeves is aiming to raise £40 billion in tax rises and spending cuts in the Budget, it has emerged. The chancellor hopes that filling Treasury coffers with the huge sum will avoid a return to the austerity of the Tory years.