“Deputy Prime Minister Angela Rayner’s memo to the Treasury outlines a series of proposed tax increases, many of which would directly impact savers, investors, and high earners. The suggestions include raising the bank surcharge, scrapping inheritance tax relief...
“Chancellor Rachel Reeves is proceeding with the establishment of the Office for Value for Money (OVfM) despite concerns from MPs about its effectiveness. The Treasury aims for the unit to identify £4bn in annual savings, starting with reducing the costs of...
“British businesses are facing unprecedented pessimism, with confidence levels now lower than those in heavily sanctioned Russia. Following Chancellor Rachel Reeves’s £40bn tax hike, companies are bracing for stagflation, job cuts, and shrinking profits. The...
Nigel Holland “Inheritance tax errors could be costing bereaved families up to £327 million, with nearly 7,000 families overpaying on life insurance payouts in 2021-22. Under HM Revenue and Customs rules, life insurance payouts are considered part of a deceased...
Nigel Holland “A proposed capital gains tax (CGT) hike by Rachel Reeves may cost the Treasury £2 billion, according to analysis. Economists warn that targeting investors, as anticipated in the upcoming Budget, could harm economic growth. Higher CGT rates could...
