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Urgent warning over ISAs as savings cap could be targeted by Rachel Reeves
"Tax-wrapped products will continue to be a critical component of a long-term savings plan. It may be worth considering spreading investments across a of accounts – including ISAs and pensions – to reduce some of the risk that tax laws, as well as personal circumstances, can change."
Capital gains tax raid will kill investing, Rachel Reeves warned
No capital gains tax is due on profits below £3,000.
Rachel
Reeves
in 2018 voiced her support for aligning capital gains tax with income tax rates, which are much higher at 20pc, 40pc and 45pc. Even with a more modest rise savers will pay thousands for ...
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,
Rachel Reeves urged to raise taxes by ‘patriotic millionaires’
The group argue that warnings higher taxes will drive the rich to move overseas or cancel investments in UK businesses are overblown.
3h
on MSN
Rachel Reeves planning £3bn welfare cuts in Budget
Rachel Reeves will seek to make around £3 billion of cuts to welfare over the next four years by restricting access to ...
17h
on MSN
Why Rachel Reeves had no choice but to abandon a tax raid on landlords
Millions of retirement plans were left hanging in the balance when rumours suggested Labour was plotting a punitive tax raid ...
18h
Rachel Reeves' plot to end 'ISA millionaires' with £500k limit on savings
Ms Reeves highlighted that 60 percent of tax-free returns go to the top 15 percent of earners, suggesting that the annual ...
21m
Beard taxes and other lessons for Rachel Reeves
Reeves could find something new to tax: perhaps dogs (occasionally dangerous) or cats (dangerous to birds) or cows and sheep (methane emitters). She could make like Cleopatra and raise taxes on beer.
1d
on MSN
Rachel Reeves claimed £1,225 on expenses for tax returns help
Rachel Reeves has claimed £1,225 on expenses to pay someone else to help file her tax return, it can be revealed.
i
21h
What are the experts predicting Rachel Reeves could announce in the Budget?
Recent reports suggest Ms Reeves has backed away from the idea of fundamentally reforming pensions tax relief by introducing ...
20h
on MSN
Rachel Reeves set to raise capital gains tax rate on sales of shares in Budget
Rachel Reeves is planning to increase the rate of capital gains tax on shares sales but not on properties such as second ...
Accountancy Age
4h
Rachel Reeves' Budget is coming: What are accountants seeing in their crystal balls?
As the UK awaits Chancellor Rachel Reeve’s Autumn Budget on October 30th, 2024, accounting firms are forecasting sweeping ...
1d
on MSN
The £40bn question: How will Rachel Reeves balance the books?
Chancellor boosted by a surprise drop in inflation after the cabinet is warned she may need to find £40bn in taxes and ...
12h
on MSN
Charge electric cars pay-per-mile tax instead of fuel duty, Rachel Reeves urged
The Campaign for Better Transport tells Chancellor it would help replace fuel duty and still be cheaper than for a petrol or ...
13h
on MSN
Rachel Reeves achieves what no other Chancellor has — but she won't want to hear it
Rachel Reeves doesn’t have the oratorical skills to come up with such a memorable line, but Labour’s manifesto is quite clear ...
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Related topics
Budget of the United Kingdom
Capital gains tax
National Insurance
Labour Party
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