Labour drafts options for wealth taxes to ‘unlock’ funds for public services

Labour, Economics, Capital gains tax, Tax and spending, Tax, Inheritance tax, Politics, UK news, Money, Economic policy, General election 2024, General elections, Business, HMRC, Office for Budget Responsibility, Rachel Reeves, Public services policy Business | The Guardian

​Exclusive: Sources say changes to inheritance tax and capital gains tax are being discussedThe Labour party has been drawing up options for how it could raise money through extra wealth taxes to help rebuild Britain’s public services if it wins the general election, according to sources who have spoken to the Guardian.The proposals under consideration include increases in capital gains tax (CGT), first revealed by the Guardian two weeks ago, that could raise £8bn. Continue reading… 

Exclusive: Sources say changes to inheritance tax and capital gains tax are being discussed

The Labour party has been drawing up options for how it could raise money through extra wealth taxes to help rebuild Britain’s public services if it wins the general election, according to sources who have spoken to the Guardian.

The proposals under consideration include increases in capital gains tax (CGT), first revealed by the Guardian two weeks ago, that could raise £8bn.

Continue reading… 

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