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Reeves’s Budget to be biggest tax raiser in history
Rachel Reeves is poised to launch the biggest Budget tax raid in history. The Chancellor’s maiden Budget later this month will involve as much as £35 billion of tax rises – the most on record in cash terms – as she protects her commitment to ending “austerity” and attempts to ensure departments avoid real-terms cuts in spending.
Autumn Budget: Which taxes will Rachel Reeves hike?
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 set to raise capital gains tax rate on sales of shares in Budget
Rachel Reeves set to raise capital gains tax rate on sales of shares in Budget - Budget reforms will not increase the rate on sales of properties, it has been reported
Rachel Reeves sparks gold rush ahead of expected Budget tax raid
Rachel Reeves has sparked a rush on gold as wealthy households race to save their money from a tax raid at this month’s Budget. The Royal Mint reported sales of gold coins, which are exempt from capital gains tax,
Rachel Reeves Needs To Raise £40 Billion In Tax Rises And Spending Cuts In The Budget
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.
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
UK chancellor Rachel Reeves has identified a £40bn funding gap ahead of her Budget in two weeks — far more than previously expected — as she prepares big tax rises to patch up the NHS. The figure represents the funding that Reeves needs to protect key government departments from real-terms spending cuts,
UK finance minister Reeves looks to raise 40 billion pounds to fill 'big gap' in budget
British finance minister Rachel Reeves is eyeing tax rises and spending cuts to a value of around 40 billion pounds ($52 billion), two government sources said, after she was quoted as saying there was a "big gap" to be filled in the budget.
Reeves Faces Cabinet Unease Over £40 Billion Hunt for Budget
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.
Millionaires urge Reeves to raise £14bn from capital gains tax changes at Budget
Rachel Reeves should increase capital gains tax (CGT) at Labour’s upcoming Budget, a group of millionaire business owners have urged, estimating the measure would raise £14bn a year. In a report by the IPPR think-tank,
7h
on MSN
Budget 2024 latest: Rayner among MPs pleading with Starmer to step in as Reeves’ ‘£40bn target’ looms
Rayner among MPs pleading with Starmer to step in as Reeves’ ‘£40bn target’ looms - Value of pound has fallen after this ...
7h
on MSN
Rachel Reeves achieves what no other Chancellor has - but she won't want to hear it
It is another 12 days before Rachel Reeves is due formally to announce the bad news to millions of earners, savers and ...
Hosted on MSN
12h
Rachel Reeves's plans torn apart as Chancellor receives letter demanding Royal Family action
Rachel Reeves, Chancellor of the Exchequer, has received a letter from Republic, an anti-monarchy not-for-profit company, ...
12h
on MSN
Rachel Reeves warned a capital gains tax hike could trigger a market sell-off
Investors could begin offloading stocks ahead of the Budget this month amid rumours the Chancellor is preparing to hike the ...
2d
on MSN
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 ...
9h
on MSN
Angela Rayner leads Cabinet revolt against Reeves’ ‘huge’ Budget cuts
Sir Keir Starmer is facing a backlash from Angela Rayner and his cabinet over “huge” cuts to departmental spending to be ...
2d
on MSN
When is the Autumn Budget 2024? Rachel Reeves expected to make tough decisions
Chancellor of the Exchequer Rachel Reeves is on track to raise taxes and cut spending when she delivers her Autumn Budget, ...
17h
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, says ...
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