Rachel Reeves

Treasury rakes in nearly £14 billion in stamp duties, capital gains and inheritance tax over the past six months, figures reveal – as Rachel Reeves prepares to squeeze more out of them in the budget_Nhy

The Treasury has raked in £13.8 billion in capital gains tax, stamp duties and inheritance tax over the past six months – as Rachel Reeves prepares to squeeze more out of them. That is an increase of £1.4 billion on a year…

Rachel Reeves is urged to bring back tax-free shopping – as report reveals scheme would generate £10.8 billion for the UK economy_Nhy

Rachel Reeves was last night urged to bring back tax-free shopping to boost economic growth. In a new report, the Growth Commission think tank says scrapping the hated ‘tourist tax’ in next week’s Budget would add 0.4 per cent to GDP…

Rachel Reeves intentionally sought softer look with amber trim over concern her ‘Iron Chancellor’ look had gone too far, insiders suggest_Nhy

The timing raised eyebrows in Westminster – weeks away from the Budget that could make or break her career, Rachel Reeves unveiled a brighter new look, ditching her trademark black power-bob for a lighter amber red. Some queried why, as she puts…

Rachel Reeves set to keep income tax thresholds frozen… But claims it’s NOT a manifesto breach because it’s not an increase!_Nhy

Rachel Reeves was last night accused of breaking her promises to the British people as she is expected to extend a freeze on income tax thresholds in the Budget. Despite Labour pledges not to increase the tax burden on working people, the Chancellor…

Record number of businesses ‘on the edge of collapse’ amid Budget uncertainty, shock research reveals_Nhy

A record number of businesses are ‘teetering on the edge of collapse’ amid uncertainty ahead of the Budget. Shock research yesterday showed thousands of British firms have been plunged into significant financial distress this year. The figure soared by a…

Labour plots a tax raid on your holidays with stealth levy on air fares set to be announced in upcoming Budget cash grab_Nhy

Millions of families face a tax raid on their holidays as part of Rachel Reeves‘s Budget cash grab. As it emerged yesterday that the Chancellor is planning to freeze income tax thresholds for longer, inflation-busting hikes in Air Passenger Duty –…

Businesses, motorists and pension savers brace for Budget bombshell amid fears Rachel Reeves is plotting biggest EVER tax-raising package_Nhy

Businesses, motorists and pension savers are braced for pain today amid fears Rachel Reeves could deliver one of the biggest ever tax-raising Budgets in a fortnight. The Chancellor is preparing to unveil an eye-watering £40billion of tax hikes and spending cuts on…

Rachel Reeves could hammer Brits with biggest tax-raising Budget EVER: Chancellor’s ‘£40bn’ package hitting NICs, CGT and inheritance tax might top Rishi Sunak’s 2021 misery and Lamont’s 1993 mega-raid_Nhy

Rachel Reeves could hammer Brits with one of the biggest tax-raising Budgets ever in a fortnight. The Chancellor is preparing to unveil an eye-watering £40billion of tax hikes and spending cuts on October 30. Tax is likely to make up the…

Labour’s poll tax: Business fury at Reeves’s plan to hike national insurance- as Chancellor STILL refuses to rule out raising employers’ contributions_Nhy

Hiking national insurance will become Labour‘s ‘poll tax’, Rachel Reeves has been warned. In the most vehement criticism yet, business leaders reacted with fury as Treasury officials refused to rule out raising employers’ NI contributions. Both the Chancellor and the Prime Minister have…

Rachel Reeves ‘could need £40BILLION of tax hikes and spending cuts’ in Budget bombshell after public sector pay splurge – as businesses warn that raiding national insurance will be Labour’s ‘poll tax’ moment_Nhy

Rachel Reeves may need an eye-watering £40billion of tax hikes and spending cuts in the Budget, it was revealed today. The Chancellor is said to be looking for the enormous sum to balance the books and bolster services after Labour‘s splurge on…