Published On: Fri, Oct 18th, 2024

5 Budget stealth tax hikes Labour doesn’t want you to know about | Personal Finance | Finance


PM Keir Starmer and Chancellor Rachel Reeves are also lining up a string of stealth taxes, too. In the final part of our four-part Special Report on the Budget, we look at Labour’s hidden nasties and how to soften the impact, if you can.

Fuel duty. Ms Reeves could squeeze even more juice out of motorists by hiking fuel duty and even vehicle excise duty.

Fuel duty is a huge earner for the Treasury, worth almost £25billion a year, more than capital gains tax and inheritance tax combined.

In…



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