As the UK awaits Chancellor Rachel Reeve’s Autumn Budget on October 30th, 2024, accounting firms are forecasting sweeping changes to the tax landscape. With the new Labour government facing a reported £22 billion shortfall in public finances,

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 will seek to make around £3 billion of cuts to welfare over the next four years by restricting access to sickness benefits, it is understood.The Chancellor is expected to commit to the previous Tory government’s plans to save the sum by reforming work capability rules,

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.

Prime Minister Keir Starmer has already warned of ‘difficult decisions’ – but what measures and policies would you like to see introduced in Labour’s first autumn statement?

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.

Chancellor Rachel Reeves has made it clear that we should not be expecting any bank account-friendly handouts in the Budget at the end of the month. In fact, such is the strength of her rhetoric that “petrified” savers have been pulling money out of their pensions early amid fears of a tax raid.

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,

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

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,