Property tax turmoil for Rachel Reeves
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GB News on MSNRachel Reeves floats capital gains tax raid as Treasury faces £40bn fiscal black hole
Treasury officials are exploring potential "mansion tax" on expensive properties as Chancellor Rachel Reeves seeks to address significant budget shortfalls. It is understood that the Chancellor has instructed civil servants to investigate various methods of generating additional revenue from high-value properties,
The Chancellor has been slammed as new inflation figures showed the cost of living crisis is getting worse on her watch.
Environmental groups have threatened legal action against the Government if Rachel Reeves waters down rules protecting bats and newts from construction projects.
The Government would be “making a mockery of their growth strategy” if they introduce a mulled gambling tax, the chief of the Betting and Gaming Council has said. The Government would be “making a mockery of their growth strategy” if they introduce a mulled gambling tax, the chief of the Betting and Gaming Council has said.
Analysts have noted that bankruptcy rates have dipped only because many struggling households cannot even afford the court fees associated with going bust.
The Chancellor is examining whether to harden the rules on the gifting of money and assets ahead of the Autumn Budget