Published On: Thu, Sep 19th, 2024

Panicky taxpayers risk making Labour Budget raid worse | Personal Finance | Finance


We know chancellor Rachel Reeves will tax us hard, but as yet we don’t know how she’ll do it. Labour has been cagey about its plans, telling us only what it won’t hike – income tax, national insurance and VAT.

The gap has been filled by endless speculation, causing panic and tempting people into making rushed financial decisions that could easily backfire.

As I wrote yesterday, the left has a huge shopping list of taxes it would love Labour to hike, but three in particular seem…



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