Reeves eyes landlord tax raid in Autumn Budget

Treasury officials are reported to be considering the option as Reeves looks to fill a black hole of up to £40bn in the public finances, The Times reported. The Resolution Foundation, a think tank previously headed by pensions minister Torsten Bell, floated the idea last September. Bell is now helping Reeves with Budget preparations, The New Statesman reported. Labour pledged not to raise income tax, NI or VAT in its general election manifesto. In the Autumn Budget on 30 October 2024, Reeves said income tax thresholds will be uprated in line with inflation once again from the 2028/...