5 d. ago Head of Britain's trade union movement urges Rachel Reeves to set up new wealth tax to boost services

Paul Nowak called on the Chancellor to look at hitting those worth more than £10 million with fresh levies while hiking capital gains tax - insisting this would not lead to an exodus of the wealthy.

Economics

6 d. ago Reeves names last possible date for Budget as she eyes tax hikes to plug £40bn black hole

Sources tell The Independent the chancellor favours raising capital gains tax and introducing a gambling levy to plug the £40bn hole in public finances

Economics

6 d. ago Phil Spencer: rumoured reforms to stamp duty and capital gains tax would be catastrophic for London

It’s difficult to exaggerate the disruption and distortion that would take place in the lead up to any changes, half of London would be on the market

Economics

7 d. ago Tories will challenge Government to rule out property tax hikes

Rachel Reeves is reportedly considering ending the exemption from capital gains tax for more expensive homes.

Politics

1 week ago Phil Spencer: catastrophic rumoured tax reforms would hit ordinary Londoners

Rumours that Chancellor Rachel Reeves is considering property tax reforms that include scrapping stamp duty, a tax on home sales over £500,000 and collecting capital gains tax (CGT) on homes over £1.5 million when they sell are likely to slow the housing market according to Zoopla.

Events

2 w. ago Voices: What is the fairest way to tax property in the UK? Join The Independent Debate

Readers are divided over the fairness of proposed reforms to UK property taxes, debating whether they tackle unearned wealth or unfairly penalise ordinary homeowners

Society

2 w. ago Reeves’s ‘mansion tax’ makes ‘no sense’ and could lose Treasury money, former IFS chief warns

The chancellor is reportedly planning to levy capital gains on the sale of first properties

Events

2 w. ago STEPHEN GLOVER: Even our family homes are not sacrosanct for this desperate, foolish Government. If Starmer breaks his promise on Capital Gains Tax, no one should trust anything he says ever again

Until now those fortunate enough to own their home have had the consolation that they won't have to pay Capital Gains Tax on it if they come to sell, writes STEPHEN GLOVER. No longer, it seems.

Politics

2 w. ago Homeowners could be hit with new tax as Chancellor aims to fill ‘£41 billion shortfall’

Rachel Reeves could end capital gains tax relief for people selling high-value homes

Economics

2 w. ago Reeves ‘mansion tax’ makes ‘no sense’ and could cause Treasury to lose money, former IFS director warns

The chancellor is reportedly planning to levy capital gains on the sale of first properties

Events

2 w. ago Rachel Reeves' new property tax could hit downsizing pensioners in the pocket by changing the rules for selling a family home

In what has been dubbed a form of 'mansion tax', the Chancellor is reportedly looking to end the exemption from capital gains tax when owners of higher-value properties sell up.

Society

2 w. ago Reeves’ ‘mansion tax’ would stall home sales and fuel exodus of super

The chancellor is reportedly planning to levy capital gains on the sale of first properties

Economics

2 w. ago Now Rachel Reeves will hit pensioners in the pocket with fresh tax raid: Labour 'looks to make selling family homes liable for capital gains'

In what has been dubbed a 'mansion tax', the Chancellor is reportedly looking to end the exemption from capital gains tax when owners of higher-value properties sell up.

Economics

2 w. ago Rachel Reeves' 'mansion tax' plan: What is capital gains tax, who pays and what could change?

In the latest furore over Labour's plans for property taxes, Chancellor Rachel Reeves is reported to be considering taxing some of those who sell their home and make a profit.

Economics

2 w. ago Rachel Reeves considers ‘mansion tax’ to fill Treasury black hole

The chancellor is seeking ways to raise cash in the face of dire warnings about the state of the public finances

Politics

2 w. ago Treasury minister fails to rule out hitting homeowners with capital gains tax

Chancellor Rachel Reeves is reportedly considering ending capital gains tax relief for people selling high-value homes.

Politics

2 w. ago Now Rachel Reeves plans a 'mansion tax' as Chancellor 'seeks to hit owners of high

The Chancellor is reportedly drawing up plans to end the current exemption from capital gains tax when some people sell their main home.

Events

3 w. ago Reeves explores reform to capital gains tax on expensive houses

UK Treasury considers overhaul of property levies as ministers confront a hole in the public finances of at least £20bn 

Economics

3 w. ago Reeves explores reform of capital gains tax on expensive houses

UK Treasury considers overhaul of property levies as ministers confront hole in public finances of at least £20bn 

Economics

4 w. ago Treasury targeting inheritance tax reforms to help plug UK deficit

Exclusive: Chancellor also looking at tweaks to capital gains tax to try to bridge £40bn-plus spending gap before budgetThe Treasury is looking at ways to raise more money from inheritance tax amid growing pressure on the country’s finances ahead of the autumn budget, sources have told the Guardian.Officials have been tasked with examining whether tightening rules on the gifting of money and assets could be one way of addressing a gap between revenue and spending that is estimated to reach more than £40bn. Continue reading...

Events