Labour's first budget since taking power will be unveiled on Wednesday, October 30, by Chancellor Rachel Reeves. Here are the predictions so far.
Labour's first budget since they came into power will be unveiled on Wednesday 30 October – and predictions look pretty gloomy. The government's economic plans for the country in the year ahead will be announced in parliament by Chancellor Rachel Reeves.
And we'll learn what’s going to happen to everything from fuel duty to income tax, benefits and even the cost of a pint. Predictions are that chancellor Rachel Reeves will announce tax changes to try and plug the £22billion black hole in the country’s finances. A row erupted at the end of July, just after Labour had been elected, when seven Labour MPs were suspended for backing an SNP amendment demanding the policy is withdrawn.
Pensions Labour previously said it would reintroduce the Lifetime Allowance for pensions, which caps the total amount you can save into your pot tax-free. Inheritance tax It is widely expected that the Chancellor will announce changes to inheritance tax in her Autumn statement.The standard rate for inheritance tax is 40%. However, there is speculation that the government might increase the rate, or the thresholds could be lowered, meaning more people would be subject to the tax.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Alicia Vikander's bob will be everywhere come autumn 2024The bob is and remains the trend hairstyle of the stars in 2024 – now Swedish actress Alicia Vikander also wears the medium-length haircut.
Weiterlesen »
The Key Autumn Handbag Trends 2024 To Know And ShopVogue highlights the key autumn/winter 2024 bag trends to know now. From chic carryalls and ladylike clutches, to bags decorated with charms and pouches, these are the autumn 2024 handbag trends of the season.
Weiterlesen »
Autumn Hair Colour Trends Set To Dominate 2024We asked some of our fave hair colourists to fill us in on the top autumn hair colour trends we should be keeping an eye out for in 2024.
Weiterlesen »
Meghan Markle Wore The Blazer Style That Will Be Everywhere In Autumn 2024Blazers are one of the go-to pieces in all of our closets. Meghan Markle agrees and just wore a model that is guaranteed to be a trend piece this autumn.
Weiterlesen »
Burgundy bags are the must-have accessory for autumn 2024Even Katie Holmes can't get enough.
Weiterlesen »
The Autumn Haircut Trends That Will Be Everywhere In 2024We've asked the leading hairstylists for the biggest haircut trends for autumn 2024 From the 'grungy midi' to the 'fox cut,' these are styles to have on your radar...
Weiterlesen »