As Chancellor Rachel Reeves prepares to ship Labour’s first Budget in 14 years, there may be vital curiosity within the potential fiscal modifications on the horizon.
Prime Minister Sir Keir Starmer has highlighted that the main target shall be on “making people better off,” outlining three key priorities: bettering residing requirements, strengthening the NHS, and rebuilding the nation, notably by way of housing.
While Starmer has acknowledged that these with the broadest shoulders could have to bear a heavier burden, he has additionally bolstered Labour’s dedication to not growing taxes on working folks. This has raised questions on potential changes to capital features tax, inheritance tax, and pension contributions, in addition to employers’ nationwide insurance coverage.
We wish to hear your ideas on what you wish to see launched in Reeves’ Budget. Should she concentrate on measures to help householders, such because the Freedom to Buy scheme? Or would you like a concentrate on closing tax loopholes, akin to abolishing non-dom standing, to make sure a fairer tax system?
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https://www.independent.co.uk/news/uk/politics/labour-budget-announcement-autumn-statement-b2628947.html