Expert insight on where Ms Reeves could make changes - and why she won’t in other areas
Experts anticipate Chancellor Rachel Reeves will face tough choices regarding pensions, ISAs, and stamp duty in the Spring Statement, given the UK's economic challenges and Reeves' pledge against tax increases. Potential options include cuts to public spending and maintaining frozen tax thresholds. Discussions surround potential cuts to cash ISAs and the possibility of abolishing or lowering stamp duty on share purchases to stimulate the economy. While significant changes are considered unlikely in the Spring Statement, experts emphasize the importance of outlining a roadmap for improvement, especially regarding property tax reform to address the housing shortage.
