Rachel Reeves has confirmed that Labour will need to raise taxes to address the £22bn public spending gap, with several announcements expected in the Autumn Budget. As part of their manifesto, Labour pledged not to raise "working taxes," with Reeves reiterating that there would be no increases in National Insurance, Income Tax, Corporation Tax, or VAT. However, she did not rule out changes to Inheritance Tax (IHT), Capital Gains Tax (CGT), Stamp Duty Land Tax (SDLT), or the reformation of pensions taxation.
Join our tax experts from Forvis Mazars, Pujah Joshi and Rachael Stembridge, on Thursday 21st November 10.30 am-12.00 pm for their analysis of the Budget and its implications for you and your business. With a combined tax experience of 50 years, Pujah and Rachael have developed a deep understanding of tax planning, compliance, and advisory services. They work closely with clients to navigate the complexities of taxation, providing tailored solutions and proactive support across various industries to help individuals and businesses thrive in today's competitive environment.
